James Meade’s Liberalism

Journal title HISTORY OF ECONOMIC THOUGHT AND POLICY
Author/s Roger E. Backhouse
Publishing Year 2012 Issue 2012/1
Language English Pages 14 P. 61-74 File size 88 KB
DOI 10.3280/SPE2012-001005
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James Meade described himself as a liberal and used the term neo-classical to describe his economic theory but unlike many liberals he sought to improve the market economy. This paper explores Meade’s liberalism through analyzing his writings on planning, the market, justice and income distribution, concluding that he is best described, somewhat paradoxically, as a pragmatic visionary.

Keywords: James Meade, liberalism, welfare, justice

Jel codes: B31

Roger E. Backhouse, James Meade’s Liberalism in "HISTORY OF ECONOMIC THOUGHT AND POLICY" 1/2012, pp 61-74, DOI: 10.3280/SPE2012-001005