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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.
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.
This unique book provides a comprehensive survey of the major
economic issues that have helped shape the modern world. It
includes discussions of the latest research findings in the
international economic development literature and scrutinises some
of the most important debates in contemporary economics. Brian
Snowdon examines the many controversies relating to long-run growth
and development, problems of transitions from socialism to
capitalism, international competitiveness and the impacts of
globalisation. To shed light on these critical issues Brian Snowdon
interviewed eleven leading economists who are featured in this
book: Daron Acemoglu, Alberto Alesina, Padma Desai, William
Easterly, Stanley Fischer, Janos Kornai, Michael Porter, Dani
Rodrik, Jeffrey Sachs, Xavier Sala-i-Martin and Jeffrey Williamson.
Globalisation, Development and Transition provides an
all-encompassing guide to the contemporary literature on economic
development and related fields, as well as an extensive and
up-to-date list of references. It will be an essential resource for
all scholars and students of economics, especially those with an
interest in economic growth and development, economic history,
trade and globalisation, and the economics of transition.
This unique book provides a comprehensive survey of the major
economic issues that have helped shape the modern world. It
includes discussions of the latest research findings in the
international economic development literature and scrutinises some
of the most important debates in contemporary economics. Brian
Snowdon examines the many controversies relating to long-run growth
and development, problems of transitions from socialism to
capitalism, international competitiveness and the impacts of
globalisation. To shed light on these critical issues Brian Snowdon
interviewed eleven leading economists who are featured in this
book: Daron Acemoglu, Alberto Alesina, Padma Desai, William
Easterly, Stanley Fischer, Janos Kornai, Michael Porter, Dani
Rodrik, Jeffrey Sachs, Xavier Sala-i-Martin and Jeffrey Williamson.
Globalisation, Development and Transition provides an
all-encompassing guide to the contemporary literature on economic
development and related fields, as well as an extensive and
up-to-date list of references. It will be an essential resource for
all scholars and students of economics, especially those with an
interest in economic growth and development, economic history,
trade and globalisation, and the economics of transition.
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.
The Encyclopedia of Macroeconomics is an authoritative and
invaluable reference source on macroeconomics, which embraces
definitions of terms and concepts, conflicting ideological
approaches and the contributions of major thinkers. Comprehensive
in scope, it contains over 300 short entries and more than 100
specially commissioned main entries from an internationally
renowned group of scholars. The alphabetically ordered entries will
be useful both as a basic reference source and a provocative
stimulus for further reading. The Encyclopedia will soon be
established as a leading reference source on macroeconomics that
will both enlighten students and be highly valued by scholars and
teachers of economics.
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.
A Macroeconomics Reader brings together a collection of key
readings in modern macroeconomics. Each article has been carefully
chosen to provide the reader with accessible, non-technical, and
reflective papers which critically assess important areas and
current controversies within modern macroeconomics.
The book is divided into six parts, each with a separate
introduction highlighting the relevance of the ensuing articles.
The areas covered include: Keynes's General Theory, Keynesian
economics and the Keynesian revolution; monetarism; rational
expectations and new classical macroeconomics; real business cycle
approaches: New Keynesian economics: economic growth.
This book will be an essential guide for students and lecturers in
the field of macroeconomics as well as those interested in the
history of economic thought.
A Macroeconomics Reader brings together a collection of key readings in modern macroeconomics. Each article has been carefully chosen to provide the reader with accessible, non-technical, and reflective papers which critically assess important areas and current controversies within modern macroeconomics. The book is divided into six parts, each with a separate introduction highlighting the relevance of the ensuing articles. The areas covered include: Keynes's General Theory, Keynesian economics and the Keynesian revolution; monetarism; rational expectations and new classical macroeconomics; real business cycle approaches: New Keynesian economics: economic growth. This book will be an essential guide for students and lecturers in the field of macroeconomics as well as those interested in the history of economic thought.
This unique volume provides a comprehensive survey of the major
economic issues that have helped shape the modern world. It
includes discussions of the latest research findings in
macroeconomics and scrutinises some of the most important debates
in economic history. The author examines the many controversies
relating to the role of government in a modern economy, long-run
growth and development, the spread of the Industrial Revolution,
the causes and consequences of the 'Great Depression', the 'Great
Peacetime Inflation', the conduct of stabilisation policy,
international economic integration and globalisation. To shed light
on these major issues the volume contains interviews with ten
leading economists who have each contributed extensively to the
literature on macroeconomics, economic growth and development,
international economics and economic history. A major theme which
runs throughout the book is the conviction that economists can gain
valuable insights concerning important contemporary policy issues
from a knowledge of history, especially economic history. The
distinguished economists featured in this book are: Ben Bernanke,
Jagdish Bhagwati, Alan Blinder, Nick Crafts, Bradford DeLong, Barry
Eichengreen, Kevin Hoover, Charles Jones, Christina Romer and
Joseph Stiglitz. Containing an extensive and up-to-date list of
references, the book provides a comprehensive guide to the modern
literature on macroeconomics and related fields. It will be an
essential reference for all scholars and students of economics,
especially those with an interest in economic growth, business
cycles, inflation, unemployment, trade and globalisation. It will
also be of considerable value to students of economic history and
the history of economic thought.
The Encyclopedia of Macroeconomics is an authoritative and
invaluable reference source on macroeconomics, which embraces
definitions of terms and concepts, conflicting ideological
approaches and the contributions of major thinkers. Comprehensive
in scope, it contains over 300 short entries and more than 100
specially commissioned main entries from an internationally
renowned group of scholars. The alphabetically ordered entries will
be useful both as a basic reference source and a provocative
stimulus for further reading. The Encyclopedia will soon be
established as a leading reference source on macroeconomics that
will both enlighten students and be highly valued by scholars and
teachers of economics.
This important book provides fascinating insights into the origins,
development and current state of modern macroeconomics. The
reader's imagination is instantly captured, and the subject matter
brought alive, through conversations with fourteen leading
economists including five Nobel Laureates. These interviews shed
new light on the controversies witnessed in the field of
macroeconomic theory and policy, the way macroeconomics is taught
and the history and methodology of macroeconomic research. Their
illuminating and contrasting discussions provide students and
scholars alike with a unique, highly accessible and enjoyable way
to explore the ever-changing landscape of modern macroeconomics.
The major economists featured in this book are: Alberto Alesina
Olivier Blanchard Mark Blaug Robert W. Clower David C. Colander
Milton Friedman Robert E. Lucas, Jr. Gregory Mankiw Franco
Modigliani Edward N. Prescott Paul C. Romer Robert M. Solow John B.
Taylor James Tobin
This unique volume provides a comprehensive survey of the major
economic issues that have helped shape the modern world. It
includes discussions of the latest research findings in
macroeconomics and scrutinises some of the most important debates
in economic history. The author examines the many controversies
relating to the role of government in a modern economy, long-run
growth and development, the spread of the Industrial Revolution,
the causes and consequences of the 'Great Depression', the 'Great
Peacetime Inflation', the conduct of stabilisation policy,
international economic integration and globalisation. To shed light
on these major issues the volume contains interviews with ten
leading economists who have each contributed extensively to the
literature on macroeconomics, economic growth and development,
international economics and economic history. A major theme which
runs throughout the book is the conviction that economists can gain
valuable insights concerning important contemporary policy issues
from a knowledge of history, especially economic history. The
distinguished economists featured in this book are: Ben Bernanke,
Jagdish Bhagwati, Alan Blinder, Nick Crafts, Bradford DeLong, Barry
Eichengreen, Kevin Hoover, Charles Jones, Christina Romer and
Joseph Stiglitz. Containing an extensive and up-to-date list of
references, the book provides a comprehensive guide to the modern
literature on macroeconomics and related fields. It will be an
essential reference for all scholars and students of economics,
especially those with an interest in economic growth, business
cycles, inflation, unemployment, trade and globalisation. It will
also be of considerable value to students of economic history and
the history of economic thought.
This important book provides fascinating insights into the origins,
development and current state of modern macroeconomics. The
reader's imagination is instantly captured, and the subject matter
brought alive, through conversations with fourteen leading
economists including five Nobel Laureates. These interviews shed
new light on the controversies witnessed in the field of
macroeconomic theory and policy, the way macroeconomics is taught
and the history and methodology of macroeconomic research. Their
illuminating and contrasting discussions provide students and
scholars alike with a unique, highly accessible and enjoyable way
to explore the ever-changing landscape of modern macroeconomics.
The major economists featured in this book are: Alberto Alesina
Olivier Blanchard Mark Blaug Robert W. Clower David C. Colander
Milton Friedman Robert E. Lucas, Jr. Gregory Mankiw Franco
Modigliani Edward N. Prescott Paul C. Romer Robert M. Solow John B.
Taylor James Tobin
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