Average customer rating:
- Excellent complement to classroom Macro
- Too many "Interpreting Keynes" articles
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A Macroeconomics Reader
Brian Snowdon
Manufacturer: Routledge
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Binding: Hardcover
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Modern Macroeconomics: Its Origins, Development And Current State
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Schaum's Outline Introduction to Mathematical Economics
ASIN: 0415157153 |
Book Description
A Macroeconomics Reader brings together a collection of key readings in modern macroeconomics. Each article has been carefully chosen to provide the reader with accessible, non-technical, reflective papers which critically assess important areas and current controversies within modern macroeconomics. The book is divided into six parts, each with a separate introduction highlighting the relevance of the ensuing articles. The areas covered include: Keynes's General Theory, Keynesian economics and the Keynesian revolution, monetarism, rational expectations and new classical macroeconomics, real business cycle approach, new Keynesian economics, and economic growth.
Customer Reviews:
Excellent complement to classroom Macro.......2005-09-23
This is a great collection of Macro articles; I would recommend it for any student who either (a) loves Macro in class and wants to read more about it or (b) feels queasy about all of the abstract models from class but entertains a curiosity about how Macro is actually relevant to the real world.
I was a (b) kind of person, but a professor recommended this book, and I'm glad I bought it (used, of course). Snowden and Vane have compiled a semi-chronological collection of essays that cover the evolution of Macro, from Keynes's "General Theory," through Friedman's Monetarism, the rational expectations revolution, real business cycle theory, and more recent schools of thought. Understanging all of the Macro worldviews that the last century has seen, along with their relative merits is REALLY useful in relating each of the models from class.
If you want a crash course in the historic progression of macroeconomic thought, read Chapter 1, written by the authors. They do a great job of detailing the major schools and transitions without getting bogged down in minutae.
In the Preface, the authors try to sell this book for advanced undergraduate study. I'd recommend it to graduate students as well. Those in their early years of graduate study could use a little context for all of those multipliers they're cranking out. Also, many of the articles will be out of range for the typical American undergraduate.
So why only 4 stars? The "Reader" is a little dated, and still very expensive. The most recent theory article is from the mid-1990s. I'm keeping an eye out for an updated edition. Snowdon and Vane have published a new edition of their own book, "Modern Macroeconomics," so a new "Reader" is overdue.
Too many "Interpreting Keynes" articles.......2004-11-16
Snowden and Vane provide the reader with a potpourri of different articles representing most of the existing schools of macroeconomic thought,ranging from Old Keynesian to New Keynesian,Monetarist,New Classical,Rational Expectations and Real Business cycle theorists.The major problem the editors and authors of these republished academic journal articles face is that they all either believe that Keynes provided no mathematical model of his theory of effective demand in the General Theory(GT) or they believe that there is a mathematical model specified but,based on the claims of Joan Robinson,Austin Robinson and Richard Kahn,there are many mathematical errors running through the GT.It is easily demonstrated that both views are incorrect.This brings us to Part I of this book ,which deals with the"What did Keynes(really)mean"literature.All of the contributions are flawed.This includes the articles by Coddington,Patinkin,Gerrard,and Tobin.All of these authors are unable to integrate any of Keynes's derivatives.Taking the antiderivative automatically would allow any mathematically literate economist to know exactly what Keynes meant because one would obtain the basic functions of Keynes's model of the GT.Consider the derivative specified by Keynes on pp.55-56 ,footnote 2 of the GT.It is that dZ/DN=w .Simple integration yields Z=wN+P,where P is the constant of Integration.Now Keynes specifies that D=pO four times on pp.282-285 of the GT.p is defined to be an expected price.O=F(N),where N equals total employment and O equals real output.P is defined five times on pp.282-285 as being expected profit.In chapter 3,Keynes states that setting D=Z is what the GT is all about.It is obvious that pO=wN+P or that P=pO-wN.Neither Patinkin,who dealt with this same footnote in five other journal articles and 3 books,Coddington,Gerrard,or Tobin,or any economist since 1936 has used simple integration to solve the"What did Keynes Really(really) Mean? "debate."Gerrard spends his entire time "interpreting the interpretations."He could have solved the entire question in 60 seconds by simple integration.
Average customer rating:
- Don't read the first chapter
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Real Business Cycles: A Reader
James Hartley
Manufacturer: Routledge
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Binding: Paperback
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Recessions and Depressions: Understanding Business Cycles
ASIN: 0415171547 |
Book Description
This volume fills a gap by presenting a collection of the essential articles that define and develop the real business cycle school, as well as those that criticize it. Key areas include: the establishment of the real business cycle program; the aims and methods of the real business cycle school; analysis of the statistics and econometrics of the calibration techniques advocated by real business cycle modelers; assessment of the empirical success of the real business cycle model from a variety of methods and perspectives; assessment of technical change and a critique of Solow's measure in business cycle models. Real Business Cycle Theory includes a detailed introduction and a non-technical User's Guuide to the formulation and solution of models.
Customer Reviews:
Don't read the first chapter.......1999-01-08
This book presents a collection of "classic" (published) articles on the RBC literature. Nevertheless, the first two chapters (written by the editors) present a simplistic and incomplete account of the methodological improvements in Macro that are due to RBC.
Book Description
Consumption affects every aspect of the contemporary world, from the most intimate moments of everyday life to the great geopolitical struggles that have been set in train by the forces of globalization. Consumer culture has recast the world in its own image, and we are only just beginning to make sense of the enormous social, political, economic, moral, and environmental implications. This Reader offers an essential selection of the best work on the Consumer Society.
By drawing from the Arts, Humanities, and Social Sciences, The Consumption Reader presents the history and geography of consumer societies, the social and political aspects of consumer culture and the discourses and practices of consumption. It reaches back to the consumer revolutions of the eighteenth century and spans the globe. The reader focuses in particular on the subjects, objects, spaces, and technologies of consumer societies. In addition to outlining these vital components of consumer societies, it also provides an accessible insight into the theoretical debates that surround the interest in consumption and consumerism.
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Economics: Student Workbook & Reader
John Sloman , and
Mark Radcliffe
Manufacturer: Financial Times Management
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Economics: Student Access Kit
ASIN: 0273658646 |
Book Description
This comprehensive Economics Student Workbook and Reader, designed to accompany Economics, Fourth edition, by John Sloman, has become a best seller in its own right and is used widely by students and tutors throughout the UK, Europe and South-East Asia. Its unique approach of combining in one book a comprehensive set of questions of various types with articles from newspapers and journals, makes it an invaluable guide for any student of economics, as well as a useful teaching aid for tutors.
Economics Students Workbook and Reader allows students to experience a more interactive approach to the study of economics, applying the theories, working through the problems, analyzing data, examining and discussing case studies, and gathering information from a variety of sources. There are over 1500 questions and assignments, with worked answers for all review questions and problems.
There are also numerous recent newspaper and journal articles, many serving as case studies to illustrate theory or discuss particular economic problems or policies. Economics Student Workbook and Reader Fourth edition, will be an indispensable tool for students looking to better their understanding of core economics concepts through self-study or as part of a seminar or tutorial component to their introductory course.
Features and Benefits Each chapter corresponds to a chapter in the main text and includes the following features- A review of key concepts Review questions of a range of different types- multiple choice, ordering and matching, verbal, numeric, delete wrong answer, true/false and diagrammatic Longer problems and exercises Data response questions Student projects Discussion topics and essay questions An average of three articles per chapter drawn from a range of newspapers and periodicals. There is a brief introduction to each article and set of questions at the end of each one.
Book Description
What is the relationship between gender and consumerism? Jennifer Scanlon gathers a collection of readings and archival materials to explore the multiple and contradictory ways in which women and men consume. Interdisciplinary and cross-cultural in scope,
The Gender and Consumer Culture Reader introduces the reader to some of the most compelling issues and arguments in this growing field of study. In questioning traditional ways of analyzing the relationships between gender and consumer culture, these essays analyze the liberatory and oppressive nature of consumer culture in both historical and contemporary contexts.
The scholars gathered here look at the gendered relationship between the home and consumer culture, individual and group identity through purchasing, the supply side of consumer culture, and the ways in which consumers embrace, resist, and manipulate the messages and the activities of consumer culture. Topics range from white middle-class female shoplifters to the gendered depiction of Native Americans in nineteenth-century advertising, from gay men's acquisition of domestic space in early twentieth-century New York to black and Latino men's cultural resistance through dress. Archival materials link the essays in each section, creating a further historical context, and providing a connection between the readings and larger questions and issues currently being debated about gender and consumer culture.
Contributors include Andrew Heinze, Erika Rappaport, George Chauncey, Steven M. Gelber, Jeffrey Steele, Ann McClintock, Robert E. Weems, Jr., Lillian Faderman, Malcolm Gladwell, Jennifer Scanlon, Lizabeth Cohen, Jane Bryce, Susan J. Douglas, Kenon Breazeale, Kathy Peiss, Elaine S. Abelson, Natasha B. Barnes, Danae Clark, Stuart Cosgrove.
Customer Reviews:
Interesting.......2002-05-19
Most of the time, this reads like a text book--or at least some sort of book you'd have for a class. But that's not a bad thing. This just isn't something you pick up just for fun. You have to be interested.
I have a growing interest in women's studies, so anything releating to gender is of interest to me. Most of the essays in this book are interesting glimpses of small aspects of gender (often coupled with race or class, sometimes in historical contexts) in the consumer culture. The specialized information is very interesting, and the accompanying pictures and graphics add to it.
Some of the contributions, however, are rather dull. Don't be afraid to skip something you don't want to read. Just go to the next article. Chances are, you won't be missing much.
I recommend not reading the "introduction to students," however--especially if you're not a student. But even if you are, as I am, it's a little dull and, well, pointless. Just get to the good stuff. It is a rather good examination of gender in the consumer culture.
Average customer rating:
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Measurement of Inequality and Poverty (Oxford in India Readings. Readers in Economics)
S. Subramanian
Manufacturer: Oxford University Press, USA
ProductGroup: Book
Binding: Paperback
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ASIN: 0195655516 |
Book Description
This collection of essays on the measurement of inequality and poverty emphasizes important concepts and technical problems asscoiated with measurement related issues.
Average customer rating:
- Essential Reading for Open Economy Macroeconomics
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An Open Economy Macroeconomics Reader: A Reader
Mehmet Ugur
Manufacturer: Routledge
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Binding: Paperback
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ASIN: 0415253322 |
Book Description
This book draws together the seminal contributions to the literature on the nature of macroeconomics in open economies and illuminates the material by using:
* explanatory introductions to each piece
* discussion questions
* suggestions for further reading
* reference to the key journal articles
* boxed key terms.
This is an essential guide to the subject for students, as commented upon by the most influential commentators.
Customer Reviews:
Essential Reading for Open Economy Macroeconomics.......2003-08-08
Dr Ugur's edited book on open economy macroeconomics is a long-waited and impressive textbook in many ways. It is not only a well-organized and enticing textbook for intermediate and advanced macroeconomics, but also a good example of combining knowledge with teaching experience. The book is also good in introducing the students to seminal contributions as well as current debate in open economy (international) macroeconomics. What makes the book different from the other textbooks is that it "... aims to go beyond the closed-economy framework of the open economy macroeconomics textbooks and incorporate theory into policy design and implementation rather than other way around." And it does very succesfully.
The book contains fifteen chapters organized araound nine themed parts containing almost all issues in current open economy (international) macroeconomics -except for stabilization policy issues specific to developing countries. Each of the nine themed sections contains an introduction (which lays the theoretical and historical background relevant to the issues covered), questions for discussion, suggestions for further reading, and a very extensive list of references. These editorial features enhance the book's role as a textbook and makes it an essential source for open economy macroeconomics reading.
Dr Ugur's own chapters on the Mundell-Flemming model and the theory of macroeconomic policy-making are innovative and constitute significant contributions to the debate on these issues.
In conclusion, I strongly recommend this exceptional open economy macroeconomics reader as an essential source of teaching and reading, and also as a useful guide to policy-making isuues in open economies.
Book Description
This 18th edition of Real World Macro is a lively and thought-provoking supplement to introductory and intermediate macroeconomics textbooks. Real World Macro asks the questions that standard textbooks largely neglect: What's so great about growth? Is unemployment "natural"? What's so new about the "New Economy"?
Along with covering the basics -- monetary and fiscal policy, productivity and investment, inflation and unemployment -- this edition includes a chapter on major controversies in macroeconomics, such as the legacy of Keynesianism in the United States and the basics of Marxist economic theory.
Real World Macro's readable articles are drawn from the pages of Dollars & Sense, the bimonthly magazine of popular economics.
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Spending Money (Money and Banks)
Dana Meachen Rau
Manufacturer: Weekly Reader Early Learning Library
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Binding: Library Binding
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ASIN: 0836848721 |
Book Description
Slovenia has recently come to the attention to global strategic planners. This report puts these executives on the fast track. Ten chapters provide: an overview of how to strategically access this important market, a discussion on economic fundamentals, marketing & distribution options, export and direct investment options, and full risk assessments (political, cultural, legal, human resources). Ample statistical benchmarks and comparative graphs are given.
Book Description
This book addresses one of the main areas of debate concerning economic developments in Europe, namely the extent to which the budgetary policy of national governments is competitive rather than co-operative. The discussion focuses on three particular cases: French macroeconomic policy since 1987; the reunification of Germany; and constraints imposed on national governments' budgeting powers by membership of EMU. The book is the outcome of the deliberations of an international panel of distinguished economists brought together by OFCE in Paris. The insights are wise, the issues are topical but not ephemeral, and the exposition is accessible to undergraduate students.
Book Description
Working with the ones you love can occasionally pose challenges, especially when it comes to communication. Now you can enhance the positive aspects of a family business by learning how to understand and use various communication skills, forums, and techniques to improve business and family relations, as well as the company's success. In this groundbreaking book, Laura Michaud shows you how to: * Learn the communication challenges that family businesses face and what to do about them; * Identify and understand the differences between you and your family members for a healthier work environment; * Master your biggest communication challenges for success and happiness. This book is guaranteed to improve family business relationships, whether you're at the kitchen table or the conference table.
Customer Reviews:
From the Kitchen Table to the Conference Table.......2004-07-07
Molly's Reviews:
Comprising six well developed chapters From the Kitchen Table To the Conference Table is offered as a tool for improving work and personal relationships. Family Meetings are suggested as a method for improving family and business relationships. Joys and pitfalls of working with those in your own family is approached in a no nonsense manner laced with good straight forward hints, information and wisdom as well as a bit of humor and plain old common sense. I found Michaud's discussion of communication and behavioral styles and how they affect business success to be especially enlightening. The chapters on The Value and Richness in Diversity and How to Make the Difference Work were filled with excellent examples, suggestions and wit done up with creativity and a finely focused sense of significance.
Don't be a failed family business statistic.......2004-04-13
Family businesses can be a wonderful thing. I've seen them help keep a family close together because they are involved with each other throughout the day. On the other hand I've seen it tear a business and a family apart as family members make decisions that others don't support, personal problems are brought into the office, and promoting one family member over another causes hardship. It's no wonder that almost seventy percent of family owned businesses fail in the second generation. Does this have to be the case? What can you do to keep from being just another of these statistics? That is what Laura Michaud addresses in her book "From the Kitchen Table to the Conference Table: Family Business Communication".
Laura grew up in a third generation family owned business - Beltone. Based on her real-life experiences Laura provides a solid plan for navigating the treacherous waters of a family owned business. Her plan is thorough and includes many things people don't think about when starting a family business. For example, there is the need to examine the fact that family members may have different goals. Some may need medical benefits, some may want more take home pay, and others may want more flexible time demands. Another example is planning for succession. Most people just think of planning for who will take over the business when they pass on or retire. But succession planning is so much more than this. If it is not done correctly the company may need to be sold just to pay estate taxes. Or leaving the business jointly to several children may set them up for crippling power struggles. These are only two of the many areas she covers very well. The majority of the book is dedicated to finding the individual strengths of family members and making sure that the company plays to their strengths and then keeping communication channels open.
There are several books on the market that examine starting a family business and how to get it growing. I am really surprised that there are not more that deal with the problem of the expanding family business that soon has dozens of grandchildren, cousins, and in-laws working for it. Well, you are not on your own in this area anymore! "From the Kitchen Table to the Conference Table" is a highly recommended read for anyone involved in a family business and provides the advice necessary to keep the business growing for multiple generations.
Proper communication can change everything.......2004-03-10
A little communication adjustment may be all you need to get your family business back on track, and this book will definitely steer you in the right direction. Being in a family business myself, I have dealt with many of the issues Michaud addresses (arguing over financial matters, authority, etc...). After reading this book, I now realize just how important proper communication is in solving these issues. Michaud explains that while it is important to keep the lines of communication open, those lines can only go so far. We need to know how to communicate and how to understand each other if we want to run a productive, successful business.
I have been following Michaud's advice and using her communication strategies for a couple weeks now and I already see drastic changes in the business. I highly recommend this book to anyone who wants to take their family business to the next level!
A great book for all family businesses!.......2004-03-09
Having worked in a family business for over 10 years, I know that working and living with the ones you love can pose major challenges. That's why I love this book! Laura Michaud makes understanding communication and behavioral styles simple, and she offers practical suggestions that I was able to put into place in my own family business immediately. The day after I read the book, I finally had a productive conversation with my brother (who also works in the business). That hasn't happened since we were kids! I'm recommending that everyone in my family business read this book. Thank you Laura Michaud for making family business communication so understandable.
War Stories, Family Meetings, and Psychological Profiling.......2004-03-07
I was interested in reading this book because I grew up working in my parent's family business, work in one with my wife now, and my wife's family operates a family business as well. In my consulting career, I've often been asked to help families decide what they want to do with their businesses. I always wonder what it's like NOT to be in a family business. Our large company clients seem to be under totally different pressures than our family business clients.
Communication is often poor in a family business. Ms. Michaud seems to have a good handle on the manifestations of that problem. Her war stories smack of having been in the middle of the fray . . . both as an executive in a family business and as a consultant to family businesses.
In the book, she briefly describes the kinds of communications that all businesses need . . . and adds the concepts of regular family meetings about the business. She describes a process for starting and running those meetings.
To help family members communicate better, she provides a series of exercises to help spot the issues. Among the exercises is a lengthy section on psychological profiling. Here is where the book broke down, for her ideas are very oversimplified and dangerous in the ways that she suggests using them.
In addition, I have never seen a book about business communication with so few practical suggestions in it on that subject. For instance, there's not a single hint of Neuro-Linguistic Programming research, emotional intelligence leadership or mainline research on how to build rapport (she only has some oversimplified suggestions for her four archetypes). More subtle research on communications is also missing. It's as though she attended a brief seminar on the subject, and then wrote a book about what she heard.
The book is an extremely slim one both content and lengthwise, and does not seem worth the $17.95 cover price.
Unless you know nothing about how to convene a family meeting to discuss business issues, I suggest that you skip this book.
As I finished the book, I was reminded that the best way to hear if you are getting your point across is to ask the person you have been speaking with what you have been saying. Then, correct any misunderstandings . . . and keep repeating until you sense that understanding has occurred. Then, follow up to see if the actions taken reflect what you were trying to communicate. If the actions don't match you intention, ask the other person to explain why they did what seems inappropriate. Continue as before to resolve misunderstandings and hidden assumptions. Plan to repeat your message at last 30 times before it will begin to sink in.
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