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Matthews, Kent

Macroeconomics and the Market / Kent Matthews - London : Macmillan Publishers Limited, c1994. - xi, 169 p. : ill. ; 22 cm. - Economics Today Ser .

Includes index


The Market System
The Market Fails: The Birth of an Idea
The Market Managed
The Gathering Clouds
The Market Stagnates
Political Economy
Reborn: The Age of the Maggie
Supply Side Economics: A Revolution
The Market and Money
Macroeconomics of a Macromarket
Macroeconomics: The Epilogue

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


eng

ISBN: 0333562828

Subjects--Topical Terms:
Macroeconomics--Great Britain
Free enterprise

Dewey Class. No.: 339 MAT