Synopses & Reviews
The Economics of Macro Issues is a collection of brief, relevant readings that spark independent thinking and classroom discussions in principles of economics and social issues courses. The Miracle of Economic Growth: Rich Nation, Poor Nation; Return of the Luddites: Technophobia and Economic Growth; The Lion, the Dragon, and the Tigers: Economic Growth in Asia; Immigrants and Economic Growth; Outsourcing and Economic Growth; Poverty, Capitalism, and Growth. The Business Cycle, Unemployment, and Inflation: What’s in a Word? Plenty, If It’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 Don’t; Simplifying the Federal Tax System (Don’t Hold Your Breath). 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; Don’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.
Synopsis
The Economics of Macro Issues 4e is 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.
About the Author
Roger LeRoy Miller received his Ph.D. from the University of Chicago. He is currently Director of the Institute for University Studies in Arlington, Texas. Dr. Miller is a legal specialist and author of numerous books on law and the legal environment, including criminal procedure. In addition, Dr. Miller has authored books on the war on drugs, the economics of crime and criminal behavior, and on related topics.
Daniel K. Benjamin graduated Phi Beta Kappa from the University of Virginia and completed his Ph.D. in economics at the University of California at Los Angeles where he was a National Science Foundation Fellow. Benjamin has taught at Montana State University, the University of Washington and the University of California at Santa Barbara. Currently, he is Alumni Distinguished Professor of Economics at Clemson University. He was a national fellow at the Hoover Institution at Stanford University and a visiting distinguished scholar at the University of Liverpool, England. He also served on the executive committee of the Western Economic Association. During the Reagan administration, he spent several years in Washington, D.C. where he was deputy assistant secretary for policy and then chief of staff at the Department of Labor. Earlier, he had served as a staff economist with the President's Council of Economic Advisers.
Table of Contents
I. The Miracle of Economic Growth
1. Rich Nation, Poor Nation
2. Return of the Luddites: Technophobia and Economic Growth
3. The Lion, the Dragon, and the Tigers: Economic Growth in Asia
4. Outsourcing and Economic Growth
5. Poverty, Capitalism, and Growth
II. The Business Cycle, Unemployment, and Inflation
6. Measuring GDP
7. What’s in a Word? Plenty, When It’s the ‘R’ Word
8. The Panic of ‘08
9. The Case of the Disappearing Workers
10. Poverty, Wealth, and Equality
11. Will It Be Inflation or Deflation?
12. Is It Real, or Is It Nominal?
III. Fiscal Policy
13. The Growth of Big Government
14. Debts and Deficits: What’s a Trillion More or Less?
15. Higher Taxes Are in Your Future
16. Soak the Rich
17. The Myths of Social Security
18. The Hazards of High Taxes
IV. Monetary Policy and Financial Institutions
19. The Fed and Financial Panics
20. Monetary Policy and Interest Rates
21. Credit Chaos
22. Deposit Insurance and Financial Markets
23. How (Not) to Beat the Market
24. Credit Card Crunch
V. Globalization and International Finance
25. The Opposition to Globalization
26. The $750,000 Job
27. The Trade Deficit
28. The Value of the Dollar