000 01454nam a22002177a 4500
020 _a0333562828
040 _aMUL
_beng
_eAACR
082 _a339 MAT
100 _aMatthews, Kent
245 _a Macroeconomics and the Market
_c/ Kent Matthews
260 _aLondon :
_bMacmillan Publishers Limited,
_cc1994.
300 _axi, 169 p. :
_bill. ;
_c22 cm.
440 _a Economics Today Ser
504 _aIncludes index
505 _a 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
520 _aThis 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
546 _aeng
650 _aMacroeconomics
_zGreat Britain
650 _aFree enterprise
942 _cBK
999 _c9104
_d9104