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What's right with macroeconomics? / edited by Robert M. Solow, institute professor emeritus, Massachusetts Institute of Technology, USA, co-founder and chairman, Cournot Foundation, Paris, France ; Jean-Philippe Touffut, director, Cournot Centre, Paris, France

Contributor(s): Resource type: Ressourcentyp: Buch (Online)Book (Online)Language: English Series: The Cournot Centre series | Edward Elgar E-Book Archive | Cournot centre seriesPublisher: Cheltenham, U.K ; Northampton, MA, USA : Edward Elgar, 2012Description: 1 Online-Ressource (xvi, 240 pages) : diagramsISBN:
  • 9781781007402
Subject(s): Genre/Form: Additional physical formats: 9781781007396. | 9781781007440. | Erscheint auch als: What's right with macroeconomics?. Druck-Ausgabe. Cheltenham, UK [u.a.] : Elgar, 2012. XVI, 240 S.DDC classification:
  • 339 23
RVK: RVK: QC 300LOC classification:
  • HB172.5
DOI: DOI: 10.4337/9781781007402Online resources: Summary: 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.PPN: PPN: 1023432463Package identifier: Produktsigel: ZDB-1-EWE
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