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Macroeconomic Policy after the Conservative Era: Studies in Investment, Saving and Finance
     

Macroeconomic Policy after the Conservative Era: Studies in Investment, Saving and Finance

by Gerald A. Epstein, Herbert M. Gintis
 
The contributors to this book challenge the conventional wisdom of both free market and big government approaches to economic policy. They argue that policies which foster economic equality can also promote economic efficiency and growth. The record of 'trickle down' economic policies is examined, and a new perspective is developed which recognizes that markets have

Overview

The contributors to this book challenge the conventional wisdom of both free market and big government approaches to economic policy. They argue that policies which foster economic equality can also promote economic efficiency and growth. The record of 'trickle down' economic policies is examined, and a new perspective is developed which recognizes that markets have an important role to play, but only within the framework of macroeconomic stability, corrections of market failures, and egalitarian rules of the game.

Editorial Reviews

From the Publisher
"This book deserves careful study both by those who believe in the conservative macro policy consensus and by those who question it, both of whom will be stimulated by this volume to do more research either to test or extend the results published here." Robert A. Blecker, Journal of Economiv Litertaure

Product Details

ISBN-13:
9780521148412
Publisher:
Cambridge University Press
Publication date:
01/20/2011
Pages:
484
Product dimensions:
5.98(w) x 9.02(h) x 1.06(d)

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