| A Critical Essay on Modern Macroeconomic Theory Revised Edition Contributor(s): Hahn, Frank H. (Author), Solow, Robert (Author) |
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ISBN: 0631209891 ISBN-13: 9780631209898 Publisher: Wiley-Blackwell OUR PRICE: $61.33 Product Type: Paperback Published: April 1998 |
| Additional Information |
| BISAC Categories: - Business & Economics | Economics - Macroeconomics - Business & Economics | Economics - Theory |
| Dewey: 339 |
| Physical Information: 0.37" H x 6" W x 9" (0.52 lbs) 172 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: Macroeconomics began as the study of large-scale economic pathologies such as prolonged depression, mass unemployment and persistent inflation. In the early 1980s rational expectations and new classical economics dominated macroeconomic theory, with the result that such pathologies can hardly be discussed within the vocabulary of the theory. This book evolved from the authors' profound disagreement with that trend. It demonstrates not only how the new classical view got macroeconomics wrong, but how to go about doing macroeconomics the right way.
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