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A Macroeconomic Regime for the 21st Century

Towards a New Economic Order

Christopher Taylor author

Format:Hardback

Publisher:Taylor & Francis Ltd

Published:28th Feb '11

Currently unavailable, and unfortunately no date known when it will be back

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A Macroeconomic Regime for the 21st Century cover

The book aims to give non-economists a detailed understanding of how macroeconomic policy works in modern economies, and the issues it faces. The world has recently been through a huge economic crisis and thinking people everywhere have reason to wonder whether something is not seriously wrong with the policy regimes underlying these dramatic events in the major economies, and whether changes should be made. The author reviews the history of the successive regimes tried and found wanting in the second half of the last century and proposes a set of reforms designed to convert the flawed neo-liberal consensus of the 1990s into a durable regime for the present century.

At last a book that recognises that different policy mixes are appropriate for different circumstances. Christopher Taylor’s illuminating book presents macroeconomics as policy choices, rather than a menu of economic models. This gives his analysis a vitality largely lacking in more academic textbooks. No other book explains the complex macroeconomic policy choices faced by governments after the recent financial crisis in such a direct and accessible way.

Dr. Jan Toporowski, SOAS, UK

The book provides both a valuable outline of the evolution of macroeconomic policy and a discussion of potential policy options for the future. This is a timely book, given the failure of contemporary economic orthodoxy to anticipate and prevent a financial crisis and global recession. Consequently, it can make a useful contribution to the debate on understanding past mistakes and how economic policy should evolve to meet the needs of the future.

Prof. Philip Whyman, University of Central Lancashire, UK

ISBN: 9780415598972

Dimensions: unknown

Weight: 660g

270 pages