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The Macroeconomics Anti-Textbook: A Critical Thinker’s Guide

Autor Tony Myatt
en Limba Engleză Paperback – 16 noi 2022
Mainstream textbooks present economics as an objective science, free from value judgements. This book demonstrates this to be a myth - one which serves to make such textbooks not only off-puttingly bland, but also dangerously misleading in their justification of the status quo and neglect of alternatives.In this much-needed companion volume to the popular Microeconomics Anti-Textbook, Tony Myatt reveals how the blind spots and methodological problems present in microeconomics continue to exert their influence in mainstream macroeconomics. From a flawed conception of the labour market, to a Pollyana view of the financial sector, macroeconomic principles as they are set out in conventional undergraduate textbooks consistently fail to set out a realistic, useful, or equitable framework for understanding the world.By summarising and then critically evaluating the major topics found in a typical macroeconomics textbook, the Anti-Textbook lays bare their sins of omission and commission, showing where hidden value judgements are made and when contrary evidence and alternative theories are ignored. The Macroeconomics Anti-Textbook is the student's essential guide to decoding mainstream macroeconomic textbooks, and demonstrating how real-world economics are much more interesting than most economists are willing to let on.
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Specificații

ISBN-13: 9781350323711
ISBN-10: 1350323713
Pagini: 408
Dimensiuni: 156 x 234 x 30 mm
Greutate: 0.45 kg
Editura: Bloomsbury Publishing
Colecția Bloomsbury Academic
Locul publicării:London, United Kingdom

Caracteristici

Uniquely mirrors mainstream macroeconomics textbooks, explaining and then critiquing traditional macroeconomic perspectives

Notă biografică

Tony Myatt is a Professor of Economics in the Department of Economics at the University of New Brunswick's Fredericton campus, Canada.

Cuprins

Tables and figuresAcknowledgementsPreface: What is an "anti" textbook, and why do we need one?Part 1: INTRODUCTIONCh1 What is macroeconomics Ch2 Measurement, mismeasurement and omissionPart 2: LONG RUN ECONOMIC GROWTHCh3 Growth: what we know and what we don'tCh4 Growth: happiness and inequalityCh5 The financial system: the belly of the beastPart 3: SHORT RUN FLUCTUATIONSCh6 Short-run macro models: a revolution that misfired Ch7 Fiscal policy: why deficits and debt might not matterCh8 Money and banking: crony capitalism and the corruption it breedsCh9 Monetary policy: the fixation on inflationCh10 Unemployment and inflation: the political economy of unemploymentPart 4: CONCLUSIONCh11 Summing Up

Recenzii

If I was still teaching undergraduates, I would definitely use this book!
I have waited nearly a decade for the sequel to one of my favorite academic books and it was worth the wait. Myatt has crafted an easy-to-read book that presents the mainstream view in a clear way on one page and then thoroughly debunks it on the next. His ability to be straightforward and brief is a breath of fresh air in Economics. I used his 'questions for your professor' sections when I was an undergrad and stunned my professors time and time again. I urge you all to do the same.