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Maynard's Revenge by Taylor, Lance
by Taylor, Lance | HC | Good
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Bevindt zich in: Aurora, Illinois, Verenigde Staten
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eBay-objectnummer:196076176651
Specificaties
- Objectstaat
- Goed
- Opmerkingen van verkoper
- Binding
- Hardcover
- Weight
- 0 lbs
- Product Group
- Book
- IsTextBook
- No
- ISBN
- 0674050460
- Book Title
- Maynard's Revenge : the Collapse of Free Market Macroeconomics
- Publisher
- Harvard University Press
- Item Length
- 9.2 in
- Publication Year
- 2011
- Type
- Textbook
- Format
- Hardcover
- Language
- English
- Illustrator
- Yes
- Item Height
- 1.2 in
- Genre
- Business & Economics
- Topic
- Economic History, Economics / Macroeconomics, Economics / Theory, Free Enterprise
- Item Weight
- 27.3 Oz
- Item Width
- 6.1 in
- Number of Pages
- 400 Pages
Over dit product
Product Information
It is now widely agreed that mainstream macroeconomics is irrelevant and that there is need for a more useful and realistic economic analysis that can provide a better understanding of the ongoing global financial and economic crisis. Lance Taylor 's book exposes the unrealistic assumptions of the rational expectations and real business cycle approaches and of mainstream finance theory. It argues that in separating monetary and financial behavior from real behavior, they do not address the ways that consumption, accumulation, and the government play in the workings of the economy. Taylor argues that the ideas of J. M. Keynes and others provide a more useful framework both for understanding the crisis and for dealing with it effectively. Keynes's basic points were fundamental uncertainty and the absence of Say's Law. He set up machinery to analyze the macro economy under such circumstances, including the principle of effective demand, liquidity preference, different rules for determining commodity and asset prices, distinct behavioral patterns of different collective actors, and the importance of thinking in terms of complete macro accounting schemes. Economists working in this tradition also worked out growth and cycle models. Employing these ideas throughout Maynard's Revenge , Taylor provides an analytical narrative about the causes of the crisis, and suggestions for dealing with it.
Product Identifiers
Publisher
Harvard University Press
ISBN-10
0674050460
ISBN-13
9780674050464
eBay Product ID (ePID)
84480176
Product Key Features
Book Title
Maynard's Revenge : the Collapse of Free Market Macroeconomics
Number of Pages
400 Pages
Language
English
Publication Year
2011
Topic
Economic History, Economics / Macroeconomics, Economics / Theory, Free Enterprise
Illustrator
Yes
Genre
Business & Economics
Type
Textbook
Format
Hardcover
Dimensions
Item Height
1.2 in
Item Weight
27.3 Oz
Item Length
9.2 in
Item Width
6.1 in
Additional Product Features
Intended Audience
Scholarly & Professional
Dewey Edition
22
Reviews
[A] combative and tightly argued book on the collapse of the recent consensus in economics. Taylor strives to reinstate not just Keynes but an entire school of economics...The tone of the book fluctuates between being clinically academic and sharply polemical, a delightful combination often seen in the writings of Keynes himself...The deeper point Taylor makes is that much of modern economics is actually derived from insights provided by economists in previous ages. He powerfully illustrates this in almost every chapter in his book., Maynard's Revenge offers a broad rigorous account of the creation, consolidation, and eventual eclipse of Keynesian theory, as well as the phoenix-like return of Keynesianism. With his nose to the empirical ground, Lance Taylor compellingly builds his case that Keynes was correct about how to do macroeconomics in our world. But Taylor goes beyond Keynes, showing how 'ideas from the Master' have been extended by his many disciples into an impressive body of thought.", There is a need for a careful analysis of why exactly much of mainstream macroeconomics is irrelevant and problematic, and whether a more useful and realistic kind of economic analysis exists which can provide a better understanding of real world events. Lance Taylor's book fills this need, providing an authoritative presentation of a more useful and realistic kind of macroeconomic analysis and deftly mingling theoretical analysis and critique with discussions of basic economic concepts. It is essential reading for anyone interested in how the economy works and how to make it work better and more humanely., Lance Taylor has written a tome for our times. It is engaging and forceful, the analysis is of the highest order, and the exposition of very complex ideas is wonderfully clear.
Lccn
2010-012970
Dewey Decimal
339
Lc Classification Number
Hb99.7.T37 2010
Copyright Date
2010
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