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Abba Patchya Lerner citations

Abba Ptachya Lerner est un économiste américain né en Bessarabie le 28 octobre 1903 et décédé à Tallahassee en Floride le 27 octobre 1982.

Il est connu pour avoir défini l'indice de Lerner, un indice permettant de mesurer le degré de concurrence au sein d'un secteur économique à partir du taux de marge des entreprises du secteur.

C'est aussi à lui que l'on doit la première formulation de l'idée, généralement attribuée à John Maynard Keynes, que le gouvernement peut augmenter la demande agrégée en pratiquant le déficit budgétaire,.

Il est considéré par certains comme le « Milton Friedman de gauche ». Wikipedia  

✵ 28. octobre 1903 – 27. octobre 1982
Abba Patchya Lerner photo
Abba Patchya Lerner: 3 citations0 J'aime

Abba Patchya Lerner: Citations en anglais

“The central idea is that government fiscal policy, its spending and taxing, its borrowing and repayment of loans, its issue of new money and withdrawal of money, shall be undertaken with an eye only to the results of these actions on the economy and not to any established traditional doctrine what is sound and what is unsound …Government should adjust its rates of expenditure and taxation such that total spending is neither more or less than that which is sufficient to purchase the full employment level of output at current prices. If this means there is deficit, greater borrowing, "printing money," etc., then these things in themselves are neither good or bad, they are simply the means to the desired ends of full employment and price stability.”

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Abba Lerner

On Functional Finance: (1943, pg.354) http://papers.ssrn.com/sol3/papers.cfm?abstract_id=174849

“The scholars who understand it hesitate to speak out boldly for fear people will not understand. The people, who understand it quite easily, also fear to speak out while they wait for the scholars to speak out first. The difference between our present situation and that of the story is that it is not the emperor but the people who are periodically made to go naked and hungry and insecure and discontented - a ready prey to less timid organizers of discontent for the destruction of the civilization.”

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Abba Lerner

(1951, pg.16) http://papers.ssrn.com/sol3/papers.cfm?abstract_id=174849

“What is scarce is money. The lack of money to spend on goods is what keeps the unemployed resources from producing more goods. Work, moreover, instead of being a curse, is desired more than anything else because the alternative is not enjoyment of leisure but the suffering of unemployment and deprivation. Of course, if people could get income without they would not object too much (although their self-respect in feeling they are useful members in society who are earning their income is too easily underestimated). But it is only by finding work they can obtain the necessary income they need.”

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Abba Lerner

On the causes of unemployment (1951, pg.147-48) http://papers.ssrn.com/sol3/papers.cfm?abstract_id=174849

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