James Meade Quote

We shall talk as if the objective of internal balance were simply that of maintaining a level of total demand for all the country's products sufficiently high to maintain full employment, but not so high as to lead to a continuing inflation of money prices and costs.

p. 106; As cited in: Metaxas & Weber (2013, p. 20) - The balance of payments, 1951

We shall talk as if the objective of internal balance were simply that of maintaining a level of total demand for all the country's products...

We shall talk as if the objective of internal balance were simply that of maintaining a level of total demand for all the country's products...

We shall talk as if the objective of internal balance were simply that of maintaining a level of total demand for all the country's products...

We shall talk as if the objective of internal balance were simply that of maintaining a level of total demand for all the country's products...