Προσθήκη στα αγαπημένα
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.
Tables and figures
Acknowledgements
Preface: What is an “anti” textbook, and why do we need one?
Part 1: INTRODUCTION
Ch1 What is macroeconomics
Ch2 Measurement, mismeasurement and omission
Part 2: LONG RUN ECONOMIC GROWTH
Ch3 Growth: what we know and what we don't
Ch4 Growth: happiness and inequality
Ch5 The financial system: the belly of the beast
Part 3: SHORT RUN FLUCTUATIONS
Ch6 Short-run macro models: a revolution that misfired
Ch7 Fiscal policy: why deficits and debt might not matter
Ch8 Money and banking: crony capitalism and the corruption it breeds
Ch9 Monetary policy: the fixation on inflation
Ch10 Unemployment and inflation: the political economy of unemployment
Part 4: CONCLUSION
Ch11 Summing Up
Περιγραφή
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.
