Tuesday, November 19, 2013

David Fields — New introductory heterodox macro textbook, "Principles of Macroeconomics: Activist vs. Austerity Policies"

New introductory heterodox macroeconomics textbook (see here) by acclaimed writers, Howard J. Sherman & Michael Meeropol (whom I was a student of). In similar vein as E.K Hunt and Howard J. Sherman's "Economics: An Introduction to Traditional and Radical Views," the authors stress the inherent instability of the capitalist macro-economy. Moreover, the entire book, as the subtitle indicates, centers on the debate between radical and austerity policies. Hence, it takes on many of the most important issues related to what has become known as the Great Recession.
Naked Keynesianism
New introductory heterodox macro textbook, "Principles of Macroeconomics: Activist vs. Austerity Policies"
David Fields




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