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Lectures in Macroeconomics PDF
By:Kazimierz Łaski
Published on 2019-06-27 by Oxford University Press

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Lectures in Macroeconomics: A Capitalist Economy Without Unemployment provides a systematic account of the principle of aggregate demand based on the work of Polish economist Michał Kalecki, best known as one of the originators of the Keynesian Revolution in macroeconomics.The lectures demonstrate the importance of aggregate demand in determining total output and employment in the capitalist economy. They show how the investment decisions of firms affect economic growth, arguing that due to the unstable nature of investment it is important that the government has a central role in stabilizing the economy. This English translation of Kazimierz Łaski's final work brings up to date fundamental concepts to give a picture of the twenty-first capitalist economy, and the obstacles that must be overcome in bringing it to full employment. It introduces the role of money and finance in the contemporary capitalist economy, as well as the central role of the labour market and wages. The analysis is illustrated with statistics and discussion around the evolution of capitalist economies and the rise of economic inequality since the Second World War, culminating in the 2008 crisis and the economic deflation affecting Europe since that crisis. Lectures in Macroeconomics remarks critically upon the neo-classical approach to economics that has brought about slow economic growth, unemployment, and inequality.

This Book was ranked at 10 by Google Books for keyword Macroeconomics.

Book ID of Lectures in Macroeconomics's Books is FieeDwAAQBAJ, Book which was written byKazimierz Łaskihave ETAG "uS1cewe+1eU"

Book which was published by Oxford University Press since 2019-06-27 have ISBNs, ISBN 13 Code is 9780192579409 and ISBN 10 Code is 0192579401

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Book which have "264 Pages" is Printed at BOOK under CategoryBusiness and Economics

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