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The Economics of Macro Issuesis a collection of brief, relevant readings that spark independent thinking The Miracle of Economic Growth; The Business Cycle, Unemployment, and Inflation; Fiscal Policy; Monetary Policy and Financial Institutions; Globalization and International Finance MARKET:For all readers interested in macroeconomic issues.
Table of Contents
|The Miracle of Economic Growth|
|Rich Nation, Poor Nation (importance of institutions in promoting economic growth)||p. 3|
|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. 14|
|Outsourcing and Economic Growth (impact on wealth of competition and voluntary exchange)||p. 19|
|Poverty, Capitalism, and Growth (does a rising tide lift all boats?)||p. 25|
|The Business Cycle, Unemployment, and Inflation|
|Measuring GDP (what GDP does and doesn't tell us about the world)||p. 33|
|What's In a Word? Plenty, When It's The "R" Word (how a recession is defined and why we care)||p. 39|
|The Panic of '08 (why financial markets melted down)||p. 44|
|The Case of The Disappearing Workers (misleading measures of unemployment)||p. 51|
|Poverty, Wealth, and Equality (are the rich becoming richer and the poor becoming poorer?)||p. 56|
|Will It Be Inflation or Deflation? (why rising prices are more likely than falling prices)||p. 62|
|Is It Real, Or Is It Nominal? (why record-high prices aren't always what they seem)||p. 67|
|The Growth of Big Government (why government spending is growing so fast)||p. 75|
|Debts And Deficits: What's A Trillion More Or Less? (why there is more than meets the eye when it comes to the public debt)||p. 80|
|Higher Taxes Are in Your Future (why you can expect to pay higher and higher taxes in the future)||p. 85|
|Soak the Rich (what happens when a minority foots the bill for the majority)||p. 90|
|The Myths of Social Security (it's not what government says it is, not will it ever be)||p. 96|
|The Hazards of High Taxes (why higher taxes can mean lower wealth)||p. 102|
|Monetary Policy and Financial Institutions|
|The Fed and Financial Panics (why the Fed was founded, and what it learned from its failures)||p. 111|
|Monetary Policy and Interest Rates (long-and short-term effects of monetary policy on interest rates)||p. 116|
|Credit Chaos (how Congress got us into the mortgage market mess)||p. 121|
|Deposit Insurance and Financial Markets (economic implications of subsidized deposit insurance)||p. 127|
|How (Not) to Beat the Market (why you can't beat the stock market, no matter how hard you try)||p. 133|
|Credit-Card Crunch (how new Fed rules on credit cards may keep you from getting one)||p. 138|
|Globalization and International Finance|
|The Opposition to Globalization (why people object to globalization)||p. 147|
|The $750,000 Job (economic consequences of attempts to restrict free trade)||p. 153|
|The Trade Deficit (it sounds bad and it looks ugly, but it's not necessarily either)||p. 158|
|The Value of the Dollar (why exchange rates move and the consequences for America)||p. 165|
|Selected References and Web Links||p. 181|
|Table of Contents provided by Ingram. All Rights Reserved.|