As late as the mid-1970s there was a "tacit consensus" in macroeconomics. In spite of the controversies that always raged, the participants shared some basic underlying premises. Business cycles were socially undesirable and needed to be tamed; the postwar business cycle was substantially less severe than in prior times; wage and price inflexibility was a source of instability; money and the financial systems mattered; and normative policy analysis was the proper way to evaluate alternative prescriptions. "The Making of Economic Policy" explores the challenges to the tacit consensus in areas ranging from economic history, dynamic theory, time-series econometrics, game theoretic analyses of policy, and congressional politics. In each of these areas, it first reviews the current debate and then provides new analysis and new perspectives on the controversies. The book takes a critical look at recent views and marshalls appropriate empirical evidence to address competing claims. It demonstrates that the tacit consensus can survive the challenges.
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Description du livre Wiley-Blackwell, 1991. Paperback. État : Fair. Sent within 24 hours. Expedited UK delivery available. Bookplate. N° de réf. du libraire BBI2006282
Description du livre Blackwell, 1991. Softcover. État : Fine. 8vo. 200 pp. We specialize in fine books in collectible condition. Orders are professionaly packaged and shipped promptly. M52. N° de réf. du libraire 69791
Description du livre Blackwell, 1991. Paperback. État : Very Good. Reprint. First published 1989. Crease in bottom corner of front cover. Spine not creased. Includes references and index. 237pp. N° de réf. du libraire DY017
Description du livre Blackwell, Cambridge, 1991. Soft Cover. Large octavo, stiff pictorial wraps, viii + 237pp., figures, tables. Hand-mad production file copy label at lower warsp, partially removed, very minor corner bump. No significant defects. A very good, clean and sound copy. N° de réf. du libraire 14698