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:
“Maybe it’s understandable what a history of failures America’s foreign policy has been. We are, after all, a country full of people who came to America to get away from foreigners. Any prolonged examination of the U.S. government reveals foreign policy to be America’s miniature schnauzer—a noisy but small and useless part of the national household.”
—P.J. (Patrick Jake)
“In the field of world policy I would dedicate this Nation to the policy of the Good Neighbor—the neighbor who resolutely respects himself and, because he does, respects the rights of others—the neighbor who respects his obligations and respects the sanctity of his agreements in and with a world of neighbors.”
—Franklin D. Roosevelt (1882–1945)
“We are apt to say that a foreign policy is successful only when the country, or at any rate the governing class, is united behind it. In reality, every line of policy is repudiated by a section, often by an influential section, of the country concerned. A foreign minister who waited until everyone agreed with him would have no foreign policy at all.”
—A.J.P. (Alan John Percivale)