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Modern Macroeconomics - Its Origins, Development and Current State (Hardcover, illustrated edition)
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Modern Macroeconomics - Its Origins, Development and Current State (Hardcover, illustrated edition)
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More than a decade after the publication of the critically
acclaimed A Modern Guide to Macroeconomics, Brian Snowdon and
Howard Vane have produced a worthy successor in the form of Modern
Macroeconomics. Thoroughly extended, revised and updated, it will
become the indispensable text for students and teachers of
macroeconomics in the new millennium. The authors skilfully trace
the origins, development and current state of modern macroeconomics
from an historical perspective. They do so by thoroughly appraising
the central tenets underlying the main competing schools of
macroeconomic thought as well as their diverse policy implications.
To reflect the important developments which have occurred in
macroeconomics over the final decades of the twentieth century,
they also survey the burgeoning literature on the 'new political
macroeconomics' and 'economic growth'. The book includes insightful
chapters on the Post Keynesian and Austrian schools by Paul
Davidson and Roger Garrison, and is enlivened by interviews with
leading economists such as Robert Skidelsky, James Tobin, Milton
Friedman, Robert Lucas Jr, Edward Prescott, Gregory Mankiw, Alberto
Alesina, Robert Solow and Paul Romer. The volume also contains an
extensive bibliography of over 1,300 publications which highlights
the key titles recommended for further student reading. Erudite,
accessible and lucidly written, this book is both a stimulating
introduction and excellent guide to the controversies and diversity
of modern macroeconomic debates. It will prove invaluable for
students on undergraduate and postgraduate courses who want to
understand as well as simply learn about macroeconomics. It is also
a book that many teachers and lecturers will want on their shelves.
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