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 activist and austerity policies. Hence, it takes on many of the most important issues related to what has become known as the Great Recession.
Showing posts with label Michael Meeropol. Show all posts
Showing posts with label Michael Meeropol. Show all posts
Tuesday, November 19, 2013
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Was Bob Heilbroner a leftist?
Janek Wasserman, in the book I commented on just the other day, titled The Marginal Revolutionaries: How Austrian Economists Fought the War...
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There are Gold Bugs and there are Bitcoin Bugs. They all oppose fiat money (hate the Fed and other monetary authorities) and follow some s...
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By Sergio Cesaratto (Guest Blogger) “The fact that individual countries no longer have their own currencies and central banks will put n...
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I was interviewed by Max Jerneck for his podcast, and he alerted me to this figure (see below), which apparently come from the Universidad ...