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Macroeconomics and the Market

  • Textbook
  • © 1994
  • Latest edition

Overview

Authors:
  1. Kent Matthews
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Part of the book series: Economics Today (ET)

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Table of contents (10 chapters)

  1. Front Matter

    Pages i-xi
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  2. The Market System

    • Kent Matthews
    Pages 1-12

  3. The Market Fails: The Birth of an Idea

    • Kent Matthews
    Pages 13-26

  4. The Market Managed

    • Kent Matthews
    Pages 27-44

  5. The Gathering Clouds

    • Kent Matthews
    Pages 45-60

  6. The Market Stagnates

    • Kent Matthews
    Pages 61-85

  7. Political Economy Reborn: The Age of the Maggie

    • Kent Matthews
    Pages 86-102

  8. Supply-side Economics — A Revolution?

    • Kent Matthews
    Pages 103-121

  9. The Market and Money

    • Kent Matthews
    Pages 122-137

  10. Macroeconomics of a Macro-Market

    • Kent Matthews
    Pages 138-155

  11. Macro-economics: The Epilogue

    • Kent Matthews
    Pages 156-162

  12. Back Matter

    Pages 163-169
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Keywords

About this book

The author argues that there is no such thing as macroeconomics. All economics is microeconomics. The market system is a mode of organisation by which the microeconomic units interact to solve the economic problems of consumption, production and distribution. Macroeconomic policy that fails to take into account the market system and the responses of microeconomic units will be doomed to failure. This book reviews the development of macroeconomic policy and evaluates its success or failure.

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