Macroeconomics

By Wynne Godley

Book Overview

No Synopsis Available.

• Format: Hardcover
• Language: English
• ISBN: 0192153587
• ISBN13: 9780192153586
• Release Date: January 1983
• Publisher: Oxford University Press
• Length: 315 Pages
• Weight: 1.20 lbs.

Customer Reviews

A seminal work

If you are looking for a regular textbook about macroeconomics you should avoid this book. Chances are that you'll fail in your exams. However, if you are looking for a surprisingly fresh, though sometimes too idiosyncratic, view on the subject, this book is a must have. Indeed, most of the current heterodox macroeconomics (including old and post keynesian macroeconomics but not only)is based on Godley and Cripps's approach. Of course, the work of Tobin is as important as Godley's and probably had influenced him by that time (though you won't see references in the book). The "flair" of the current stream of the stock-flow consistent macroeconomic literature can be traced all the way back to Godley's book, though. So, if you are disappointed with the dismal current state of affairs of the so called "macroeconomic theory", give Godley a try.