This book clarifies common confusions in macroeconomics. It does not use equations, graphs, diagrams or footnotes. The book is designed to focus on a number of macroeconomic subjects that are so often unclear in public discussion of policy, in the press, and in economics textbooks. The book also presents information on US income distribution, as well as historical data on inflation rates, on real GDP per capita growth rates and on population growth rates. It covers a series of important topics. Included are : "surplus of savings"; effects of the import surplus; steep and shallow yield curves; capital movements and interest rates; overvaluation of the dollar; deficits and debt; world income redistribution and petroleum prices; the decline in assessment of risk; bubbles; the "twin deficits"; the Achilles heel of the US economy; and more. New York, January 2006
Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.
This book clarifies common confusions in macroeconomics. It does not use equations, graphs, diagrams or footnotes. The book is designed to focus on a number of macroeconomic subjects that are so often unclear in public discussion of policy, in the press, and in economics textbooks. The book also presents information on US income distribution, as well as historical data on inflation rates, on real GDP per capita growth rates and on population growth rates. It covers a series of important topics. Included are : "surplus of savings"; effects of the import surplus; steep and shallow yield curves; capital movements and interest rates; overvaluation of the dollar; deficits and debt; world income redistribution and petroleum prices; the decline in assessment of risk; bubbles; the "twin deficits"; the Achilles heel of the US economy; and more. New York, January 2006
Peter M. Gutmann is professor of Economics at Baruch College of the City University of New York. He has a doctorate from Harvard University. His dissertation title was "Income Distribution, Asset Values and Economic Growth". Professor Gutmann is widely known due to his pathbreaking work on the subterranean, or underground, economy which created a whole industry of articles and books by economists from all over the world on that subject. He is the author of "Macroeconomics in Brief" and "Understanding Modern Macroeconomics". He has published in a range of economic journals including the American Economic Review, the Journal of Income Distribution, the Review of Economics and Statistics, and others. Professor Gutmann teaches macroeconomics and growth economics at Baruch College of the City University of New York.
Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.
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