这本书将这些理论整合在一个方法论的屋顶下，经济主体的选择取决于他们对所面临的经济约束的不同看法，结合了新的经典原则，在这些原则下，经济以充分就业的方式运行，这些理论考虑到了工人和雇主发出的混合信号所导致的长期就业不足。宏观经济学的任务是提供工具，以了解通过生产、就业、通货膨胀和其他经济指标衡量的总体经济表现。关于这一主题的大多数书籍都比较了宏观经济表现的不同理论，并对个人消费者、工人和投资者如何适应他们所处的经济环境进行了不同的假设。这本书将这些理论整合在一个方法论的屋顶下，经济主体的选择取决于他们对所面临的经济约束的不同看法，结合了新的经典原则，在这些原则下，经济以充分就业的方式运行，这些理论考虑到了工人和雇主发出的混合信号所导致的长期就业不足。这本书介绍了现代货币理论及其对联邦政府在持续的“日冕收缩”和早期的“大收缩”期间积累的巨额赤字的影响。作者还回顾了联邦政府在这些紧缩期间采取的政策干预，以评估其有效性。
Macroeconomics, Third Edition (ISSN)
This book brings these theories together under one methodological roof, where the choices made by economic agents depend on their varying perceptions of the economic constraints they face, combining new classical principles, under which the economy operates at full employment, with theories that allow for extended periods of underemployment brought about by mixed signals from workers and employers.The task of macroeconomics is to provide the tools for understanding the performance of the aggregate economy, as measured by production, employment, inflation, and other economic indicators. Most books on this topic compare different theories of macroeconomic performance, under alternative assumptions about how individual consumers, workers and investors adjust to the economic environment in which they find themselves.This book brings these theories together under one methodological roof, where the choices made by economic agents depend on their varying perceptions of the economic constraints they face, combining new classical principles, under which the economy operates at full employment, with theories that allow for extended periods of underemployment brought about by mixed signals from workers and employers. The book takes up modern monetary theory and its bearing on the massive deficits run up the federal government over the ongoing ‘corona contraction’ and the earlier ‘great contraction’. The author also reviews the policy interventions undertaken by the federal government during these contractions, with a view toward assessing their effectiveness.
OR
