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Principles of Macroeconomics

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Principles of Macroeconomics has been thoroughly revised, simplified, and updated for the Fourth Edition. Co-written by Joseph Stiglitz, winner of the Nobel Prize for his research on imperfect markets, and Carl E. Walsh, one of the leading monetary economists in the field, Principles of Macroeconomics is the most modern and accurate text available.

Paperback

First published January 1, 1993

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About the author

Joseph E. Stiglitz

248 books1,858 followers
Joseph Eugene Stiglitz, ForMemRS, FBA, is an American economist and a professor at Columbia University. He is a recipient of the Nobel Memorial Prize in Economic Sciences (2001) and the John Bates Clark Medal (1979). He is also the former Senior Vice President and Chief Economist of the World Bank. He is known for his critical view of the management of globalization, free-market economists (whom he calls "free market fundamentalists") and some international institutions like the International Monetary Fund and the World Bank.

In 2000, Stiglitz founded the Initiative for Policy Dialogue (IPD), a think tank on international development based at Columbia University. Since 2001, he has been a member of the Columbia faculty, and has held the rank of University Professor since 2003. He also chairs the University of Manchester's Brooks World Poverty Institute and is a member of the Pontifical Academy of Social Sciences. Professor Stiglitz is also an honorary professor at Tsinghua University School of Public Policy and Management. Stiglitz is one of the most frequently cited economists in the world.

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40 reviews3 followers
October 5, 2009
First off...macroeconomics is BORING. But second...it explains a lot about how power functions, and at least attempts to attach a model to the "secret doings" of our internally elected leaders. When people complain about presidents, they often fail to bring up the yin and yang of Inflation vs. Unemployment, which is somewhat out of the Presidential cabinet's hands and more in the hands of the Federal Reserve Board and the private sector. The Board (the architects of recessions and booms to an extent) is something we as a nation aren't even allowed to vote on! But what do I know? I'm not a Freemason. Joking...
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