Policy
The active pursuit of national full employment through interventionist government policies is associated with Keynesian economics and marked the postwar agenda of many Western nations, until the stagflation of the 1970s.
Read more about this topic: Full Employment
Famous quotes containing the word policy:
“The politician being interviewed clearly takes a great deal of trouble to imagine an ending to his sentence: and if he stopped short? His entire policy would be jeopardized!”
—Roland Barthes (1915–1980)
“If matrimony be really beneficial to society, the custom that ... married women alone are allowed any claim to place, is as useful a piece of policy as ever was invented.... The ridicule fixed on the appellation of old maid hath, I doubt not, frightened a very large number into the bonds of wedlock.”
—Sarah Fielding (1710–1768)
“U.S. international and security policy ... has as its primary goal the preservation of what we might call “the Fifth Freedom,” understood crudely but with a fair degree of accuracy as the freedom to rob, to exploit and to dominate, to undertake any course of action to ensure that existing privilege is protected and advanced.”
—Noam Chomsky (b. 1928)