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Item Details
Title: WHAT'S RIGHT WITH MACROECONOMICS?
By: Robert M. Solow (Editor), Jean-Philippe Touffut (Editor)
Format: Paperback

List price: £28.00


We currently do not stock this item, please contact the publisher directly for further information.

ISBN 10: 1781007446
ISBN 13: 9781781007440
Publisher: EDWARD ELGAR PUBLISHING LTD
Pub. date: 28 December, 2012
Series: The Cournot Centre Series
Pages: 256
Description: This thought-provoking book addresses how economic ideas have failed from a macro perspective, and questions which macroeconomic theories should researchers should preserve and develop.
Synopsis: Global crises are very rare events. After the Great Depression and the Great Stagflation, new macroeconomic paradigms associated with a new policy regime emerged. This book addresses how some macroeconomic ideas have failed, and examines which theories researchers should preserve and develop. It questions how the field of economics - still reeling from the global financial crisis initiated in the summer of 2007 - will respond.The contributors, nine highly-renowned macroeconomists, highlight the virtues of eclectic macroeconomics over an authoritarian normative approach, and illustrate that macroeconomic reasoning can still be a useful tool for carrying out practical policy analysis. As for emerging research programmes, their wide-ranging chapters remind us that there are positive approaches to and reasons to believe in old-fashioned macroeconomics.This challenging and thought-provoking book will prove a stimulating read for researchers, academics and students of economics, as well as for professional economists.
Publication: UK
Imprint: Edward Elgar Publishing Ltd
Returns: Non-returnable
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