Principles of Macroeconomics: Activist vs Austerity Policies
Author | : | |
Rating | : | 4.69 (949 Votes) |
Asin | : | 0765636115 |
Format Type | : | paperback |
Number of Pages | : | 408 Pages |
Publish Date | : | 2017-12-18 |
Language | : | English |
DESCRIPTION:
Meeropol carefully places their analysis in the context of the dramatic changes that have so affected our economic prospects, especially rising inequality and financial instability. Wolfson, University of Notre Dame"There are two remarkable things about the book First, the extraordinary clarity and accessibility of this work (despite its complex material), something that is characteristic of the work of both Sherman and Meeropol. They effectively critique the myth of a self-adjusting full-employment equilibrium and the folly of austerity policies. Second, the ent
Howard Sherman Professor Emeritus of Economics, University of California, Riverside, and Visiting Scholar in Political Science, University of California, Los Angeles, USA.Michael Meeropol, Professor Emeritus of Economics, Western New England University, USA.
Instead unemployment and its human toll are given far greater emphasis than other texts. Sherman and Michael A. The book puts inflation into its proper perspective by recognising that unemployment is the much greater threat to the economic well being of the vast majority of the people. The Keynesian model is fully developed; so is the statistical analysis of Wesley Mitchell. The details of the business cycle come early and are integrated throughout the core of usual macro topics (C, I, G, X). Meeropol differs from other texts in that this book stresses far more the inherent instability of the macro-economy. Finally, there is strong coverage of the Euro-zone crisis and its linkages to the United States.. The neoclassical model is covered in both its historical evolution and in its implications for current policy debates. Principles of Macroeconomics by Howard J
Barbara F. Howell said Basic Macro economics. I bought this book for my 90 year old mom who is a Roosevelt Democrat She still has not finished it. She said it explains macro economics in away she had never understood before. I have read both conservative economic text and liberal and found it fundamentally sound. Most economists speak to obfuscate and confuse this book does not. It is not socialist. Mike. "Five Stars" according to Paul B Fagan. Easyto read