Go back

Macroeconomic Policy And The Future Of Capitalism The Revenge Of The Rentiers And The Threat To Prosperity(1st Edition)

Authors:

John Smithin

Free macroeconomic policy and the future of capitalism the revenge of the rentiers and the threat to prosperity
7 ratings
Cover Type:Hardcover
Condition:Used

In Stock

Shipment time

Expected shipping within 2 Days
Access to 30 Million+ solutions Free
Ask 50 Questions from expert AI-Powered Answers
7 days-trial

Total Price:

$0

List Price: $45.93 Savings: $45.93(100%)
Access to 30 Million+ solutions
Ask 50 Questions from expert AI-Powered Answers 24/7 Tutor Help Detailed solutions for Macroeconomic Policy And The Future Of Capitalism The Revenge Of The Rentiers And The Threat To Prosperity

Price:

$9.99

/month

Book details

ISBN: 1852787457, 978-1852787455

Book publisher: Edward Elgar Publishing (March 1, 1997)

Get your hands on the best-selling book Macroeconomic Policy And The Future Of Capitalism The Revenge Of The Rentiers And The Threat To Prosperity 1st Edition for free. Feed your curiosity and let your imagination soar with the best stories coming out to you without hefty price tags. Browse SolutionInn to discover a treasure trove of fiction and non-fiction books where every page leads the reader to an undiscovered world. Start your literary adventure right away and also enjoy free shipping of these complimentary books to your door.

Book Summary: Macroeconomic Policy and the Future of Capitalism addresses the revolution in macroeconomic policy of the last quarter of the twentieth century and the movement away from concerns with employment and growth in favour of financial variables such as inflation and exchange rates.John Smithin argues that this 'financial reaction' in macroeconomic policy is the result of a distinct shift in political power in favour of financial or 'rentier' interests, and away from both labour and manufacturing business. The outcome is a regime in which the real rate of return to financial capital is persistently higher than it was in the relatively prosperous years between the end of World War II and the mid-1970s, but economic performance is persistently worse. Professor Smithin recommends drastic changes in attitude, in particular in the conduct of monetary policy, if a more secure prosperity is to be restored in the 21st century.Macroeconomic Policy and the Future of Capitalism is an accessible, highly readable account of macroeconomic policy in the industrial nations which cuts through the complex mathematics and obscure jargon of most books on economics to deal with real issues.