TY - BOOK AU - Matthews, Kent TI - Macroeconomics and the Market SN - 0333562828 U1 - 339 MAT PY - 1994/// CY - London PB - Macmillan Publishers Limited KW - Macroeconomics KW - Great Britain KW - Free enterprise N1 - 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 N2 - 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 ER -