Tony Myatt

The Macroeconomics Anti-Textbook (eBook, ePUB)

A Critical Thinker's Guide

• Format: ePub

Produktbeschreibung

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.

Produktdetails

• Verlag: Bloomsbury UK eBooks
• Seitenzahl: 408
• Erscheinungstermin: 20. Oktober 2022
• Englisch
• ISBN-13: 9781350323735
• Artikelnr.: 65958772

Autorenporträt

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

Inhaltsangabe

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