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Reflections on the Development of Modern Macroeconomics (Paperback, New edition)
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Reflections on the Development of Modern Macroeconomics (Paperback, New edition)
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Macroeconomic analysis has undergone profound and controversial
changes during the past twenty-five years and, as such, economists
have developed and evolved their approaches to the discipline.
Reflections on the Development of Modern Macroeconomics presents a
collection of eight original essays, from leading scholars, each of
which focuses on an important issue relating to these
developments.These accessible, reflective surveys include: to
stabilize or not to stabilize: is that the question? Brian Snowdon
and Howard Vane the rhetoric and methodology of modern
macroeconomics Roger Backhouse how relevant is Keynesian economics
today? Keith Shaw what remains of the monetarist
counter-revolution? Thomas Mayer macroeconomics: before and after
rational expectations Patrick Minford the ups and downs of modern
business cycle theory Cillian Ryan and Andrew Mullineux the role of
imperfect competition in new Keynesian economics Huw Dixon politics
and the macroeconomy: endogenous politicians and aggregate
instability Brian Snowdon and Howard Vane This book will attract a
wide readership among intermediate undergraduates, as well as
postgraduates and lecturers in the fields of macroeconomics and the
history of economic thought.
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