Macroeonomics Theory And Its Failings

Macroeonomics Theory And Its Failings is a book about the global financial crisis and the economic theories that have been used first to understand its causes and thereafter to contain the damage it has brought. But it is more than that. It is a book about the inadequacies of the economic theories that are being used to deal with the present global economic meltdown. The one and only unifying feature of the articles collected together within these covers is that each and every one of the authors disagrees with the standard mainstream neoclassical macroeconomic models that have been applied in attempting to comprehend what has gone on and then, more importantly, have been used to devise policies to bring this recession to an end.