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This is the 3rd edition with a publication date of 1/1/2008.
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The Economics of Macro Issuesis a collection of brief, relevant readings that spark independent thinking and classroom discussions in principles of economics courses.The Miracle of Economic Growth:Rich Nation, Poor Nation; Return of the Luddites: Technophobia and Economic Growth; The Dragon and the Tigers: Economic Growth in Asia; Immigrants and Economic Growth; Outsourcing and Economic Growth; Poverty and Economic Growth.The Business Cycle, Unemployment, and Inflation:Whatrs"s in a Word? Plenty, If Itrs"s the "R" Word; The Case of the Disappearing Workers; The Graying of the Workforce; The Problem with Deflation; The Problem with Inflation; Measuring GDP.Fiscal Policy:The Return of Big Government; The Myths of Social Security; Macro Disasters; The Brain Gain; Tax Cuts: When They Matter, When They Donrs"t; Simplifying the Federal Tax System (Donrs"t Hold Your Breath); Raising the Debt Ceiling-Whatrs"s a Few of Trillion Dollars, More or Less?.Monetary Policy and Financial Institutions:The Future of the Fed: New Economy Versus Inflation-targeting; Monetary Policy and Interest Rates; The Savings Glut; Beating the Market; Donrs"t Worry: Your Deposits are Insured.International Trade and Finance:The Opposition to Free Trade; The $750,000 Job; The Trade Revolution in Textiles; The Trade Deficit; The Dollar versus the Euro: Winner Take All?For all readers interested in macroeconomic issues.
Table of Contents
|Rich nation, poor nation (importance of institutions in promoting economic growth)||p. 2|
|Return of the luddites : technophobia and economic growth (negative impact of fear of technology on economic growth)||p. 8|
|The lion, the dragon, and the tigers : economic growth in Asia (causes and consequences of rapid growth in China)||p. 15|
|Immigrants and economic growth (role of immigration in economic growth)||p. 21|
|Outsourcing and economic growth (impact of competition and voluntary exchange on wealth)||p. 27|
|Poverty, capitalism, and growth (does a rising tide lift all boats?)||p. 34|
|What's in a word? : plenty, if it's the "R" word (how a recession is defined and why we care)||p. 42|
|The case of the disappearing workers (misleading measures of unemployment)||p. 48|
|The graying of the workforce (economics of the aging workforce)||p. 54|
|The problem with deflation (economic consequences of deflation)||p. 60|
|The problem with inflation (economic consequences of inflation)||p. 66|
|Measuring GDP (what GDP does and doesn't tell us about the world)||p. 73|
|The return of big government (why government spending is growing so fast)||p. 82|
|The myths of social security (it's not what the government says it is, nor will it ever be)||p. 88|
|Macro disasters (why Uncle Sam intervenes after a disaster and what happens when he does)||p. 95|
|The brain gain (why lower taxes can mean greater wealth)||p. 102|
|Tax cuts when they matter, when they don't (differing economic implications of cutting taxes in different ways)||p. 108|
|Simplifying the federal tax system (don't hold your breath) (why the tax system is complicated - and won't ever be simplified)||p. 115|
|The future of the fed : new economy versus Inflation Targeting (has the Fed's mission changed - and should it?)||p. 124|
|Monetary policy and interest rates (long- and short-term effects of monetary policy on interest rates)||p. 130|
|The savings glut (how sophisticated financial markets help hide America's thrifty habits)||p. 136|
|Beating the market (why you can't beat the stock market, no matter how hard you try)||p. 141|
|Don't worry, your deposits are insured (economic implications of subsidized deposit insurance)||p. 147|
|The opposition to free trade (why people object to free international trade)||p. 156|
|The $750,000 job (economic consequences of attempts to restrict free trade)||p. 163|
|The trade revolution in textiles (why the textiles industry is once again moving)||p. 169|
|The trade deficit (it sounds bad and it looks ugly, but it's not necessarily either)||p. 176|
|The dollar versus the Euro : winner take all? (how the dollar and the euro are battling to become the world's money)||p. 184|
|Table of Contents provided by Blackwell. All Rights Reserved.|