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Old 08-04-2011, 04:08 PM   #11
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Johnson, Harry Gordon, 1923-79 (B3)<br />A prolific Canadian economist, who in his bustling life wrote 41 books and pamphlets and 526 learned articles and edited 5 leading journals, covering the whole range of economics. He was educated at the Universities of Toronto, Cambridge and Harvard. In his industrious career, he was a fellow of King's College, Cambridge, from 1949 to 1956, professor of economics at Manchester from 1956 to 1959, and professor at Chicago from 1959 to 1977, combining that chair with other academic posts, particularly one at the London School of Economics from 1966 to 1974 which he relinquished, in a blaze of publicity, because of UK taxation. A central interest of his career was international economics, to which he often returned, as well as monetary theory, development economics and the major economic policy issues of the day. His much-used pen attacked vulgar applications of Keynesianism and collectivism.<br /><em>Reference</em><br />Johnson, H.G. (1958) International Trade and Economic Growth: Studies in Pure Theory, London: Allen & Unwin.<br /> - (1967) Economic Policies towards Less Developed Countries, London: Allen & Unwin.<br /> - (1969) Essays in Monetary Economics, 2nd edn, London: Allen & Unwin.<br /> - (1971) Aspects of the Theory of Tariffs, London: Gray-Mills.<br /> - (1972) Macroeconomics and Monetary Theory, London: Allen & Unwin.
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& Real income & macroeconomic policy (E6)<br />Measures used by governments to influence major economic aggregates, especially GROSS NATIONAL PRODUCT, UNEMPLOYMENT, INFLATION and the MONEY SUPPLY. Macropolicies have been possible since 1945 through the availability of NATIONAL INCOME accounting, other increases in economic data collection and the theoretical framework provided by KEYNES, his successors and rivals. Increasingly it has been difficult to separate macro-policies from micropolicies, particularly in the labour market.<br /><em>See also:</em> Employment Act 1946; full employment

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