What's Right with Macroeconomics?




English | ISBN: 178100739X, 1781007446 | 2013 | PDF | 256 pages | 5 MB

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.

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