Macroeconomic Paradigms and Economic Policy

From the Great Depression to the Great Recession

Business & Finance, Economics, Money & Monetary Policy, Macroeconomics
Cover of the book Macroeconomic Paradigms and Economic Policy by Nicola Acocella, Giovanni Di Bartolomeo, Andrew Hughes Hallett, Cambridge University Press
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Author: Nicola Acocella, Giovanni Di Bartolomeo, Andrew Hughes Hallett ISBN: 9781316678916
Publisher: Cambridge University Press Publication: May 31, 2016
Imprint: Cambridge University Press Language: English
Author: Nicola Acocella, Giovanni Di Bartolomeo, Andrew Hughes Hallett
ISBN: 9781316678916
Publisher: Cambridge University Press
Publication: May 31, 2016
Imprint: Cambridge University Press
Language: English

The recent financial crisis has demonstrated the dangers of ignoring the factors that led to previous crises, and the effectiveness of the policies designed to deal with them. Over time, these macroeconomic policies have evolved, oscillating between state intervention and a free-market approach. Following a story that runs from the pre-Great Depression era up until the Financial Crisis of 2007–11, this book reveals an intimate connection between new macroeconomic ideas and policies and the events in the real economy that inspired them. It does this in an accessible, easy-to-follow style, first by focusing on the developments of economic theories and policies, and then by concentrating on the design of domestic and international institutions and economic governance. Written by three leading experts on the history of economic policy, the book is ideal for graduates and undergraduates studying macroeconomics, monetary policy and the history of economic thought.

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The recent financial crisis has demonstrated the dangers of ignoring the factors that led to previous crises, and the effectiveness of the policies designed to deal with them. Over time, these macroeconomic policies have evolved, oscillating between state intervention and a free-market approach. Following a story that runs from the pre-Great Depression era up until the Financial Crisis of 2007–11, this book reveals an intimate connection between new macroeconomic ideas and policies and the events in the real economy that inspired them. It does this in an accessible, easy-to-follow style, first by focusing on the developments of economic theories and policies, and then by concentrating on the design of domestic and international institutions and economic governance. Written by three leading experts on the history of economic policy, the book is ideal for graduates and undergraduates studying macroeconomics, monetary policy and the history of economic thought.

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