Conclusions for Research

Steindl, Josef

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Document type:: Works

Collection:: Josef Steindl Collection

Title:: Conclusions for Research: Fassung

Author:: Steindl, Josef

Scope:: Typoskript, 13 lose Blätter

Year of publication:: 1987

Language:: English

Description:: Steindl draws some conclusions from the contributions made at the Conference on Barriers to Full Employment (Berlin, 1-3 October 1985 under the auspices of the International Institute of Management's Labour Market Policy Section).

Note:: Zusatz zum Titel fingiert. - Enstehungsdatum erschlossen.

Related work:: Steindl, Josef: New Lines of Research on the Question of Full Employment. In: Kregel, Jan; Matzner, Egon; Roncaglia, Alessandro (Hrsg.): Barriers to Full Employment. London: Macmillan 1988.

Topic:: Economic history,economic theory,current developments

Shelfmark:: S/M.55.2

Access:: Free access

10 full employment saving by a change in income distribution or stimulating useful investment. Either of these methods would be suitable, in principle, to absorb the large unemployment. With regard to the first I have already indicated the usefulness of studies of inequality of income and saving, and such studies might also throw some ' • light on the feasibility of policy measures designed to reduce inequality. The second alternative is linked up with the wider question of technology policy. Kaleck |/in his writings on the trend regarded innovations as the main stimulus to growth. This justifies looking at technology policy as a possible instrument for the stimulation of investment. Technology policy is based on the conviction that the technical development can be influenced according to the desiderata of public policy such as environmental aims, preference for saving of material and energy rather than saving of labour, desirable life styles, working and soeial conditions etc. The national struggle for markets need not be the prime aim, although it will be legitimatefor countries with chronic balance of payments deficits. Technology policy involves a systematic study of technical possibilities and capabilities of industrial firms.lt will further the application of new technology by information 7 T and coordination, striving at"synergy, and combination of complementary developments. This corresponds very much to Keynesian thinking: We can expect results from better information of entrepreneurs and from greater confidence

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