Commonsense Macroeconomics

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Common Sense Macroeconomics

Author : Ravi Batra
Publisher : World Scientific
ISBN 13 : 1786348411
Total Pages : 377 pages
Book Rating : 4.7/5 (863 download)

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Book Synopsis Common Sense Macroeconomics by : Ravi Batra

Download or read book Common Sense Macroeconomics written by Ravi Batra and published by World Scientific. This book was released on 2020-05-13 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a world of negative interest rates, extreme inequality and trillion-dollar budget deficits, it is safe to say that conventional macroeconomics needs an overhaul. Common Sense Macroeconomics is an innovative guide to various concepts of macroeconomic analysis. Presented in a student-friendly and accessible way, this textbook is an ideal introduction to all who seek to foresee economic developments and address some of the key problems of our time.Specifically, this book innovates as follows.Ravi Batra, a Professor of Economics at Southern Methodist University and known for his accurate forecasts such as the 2008 crash, argues that the goal of macroeconomics is to raise the living standard of all, not just a privileged few. Contrary to popular belief, relentless monetary expansion to finance budget deficits actually makes the rich richer and the poor poorer, which has been happening all over the world. Ethical policies and efficiency that create general prosperity go together. In order to increase everyone's income, governments should generate competition and outlaw mergers among large and profitable firms. Inequality arises from monopoly capitalism, because then wages lag behind productivity and generate a rising wage-productivity gap. This is the ultimate source of almost all economic troubles and imbalances. While the growing gap is inherently unfair, it also leads to vast income disparity and wealth concentration, stock market bubbles and crashes, recessions and eventually depressions. It is the rise in the wage gap that preceded the Great Depression of the 1930s and now the Great Recession of 2008. Hence governments should not stifle competition and vigorously enforce anti-trust laws. Macroeconomic equilibrium nowadays requires thatSupply = Demand + New Debt

Common Sense Economics

Author : L. Albert Hahn
Publisher : Ludwig von Mises Institute
ISBN 13 : 1610165144
Total Pages : 263 pages
Book Rating : 4.6/5 (11 download)

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Book Synopsis Common Sense Economics by : L. Albert Hahn

Download or read book Common Sense Economics written by L. Albert Hahn and published by Ludwig von Mises Institute. This book was released on 1956 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Common Sense Economics

Author : James D. Gwartney
Publisher : St. Martin's Press
ISBN 13 : 1250292611
Total Pages : 139 pages
Book Rating : 4.2/5 (52 download)

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Book Synopsis Common Sense Economics by : James D. Gwartney

Download or read book Common Sense Economics written by James D. Gwartney and published by St. Martin's Press. This book was released on 2024-07-16 with total page 139 pages. Available in PDF, EPUB and Kindle. Book excerpt: The fully revised and updated fourth edition of the classic Common Sense Economics. As the global economy recovers from the COVID-19 pandemic and debates over the future of work challenge our long-held preconceptions about what careers and the market can be, learning the basics of economics has never been more essential. Principles such as gains from trade, the role of profit and loss, and the secondary effects of government spending, taxes, and borrowing risk continue to be critically important to the way America's economy functions, and critically important to understand for those hoping to further their professional lives—even their personal lives. Common Sense Economics discusses these key points and theories and more, using them to show how any reader can make wiser personal choices and form more informed positions on policy. Now in its fourth edition, this classic from James D. Gwartney, Dwight R. Lee, Tawni Hunt Ferrarini , Joseph P. Calhoun, and Jane Shaw Stroup has been fully updated to include commentary on the effects of the pandemic on the global economy and the workplace; it offers insight into political processes and the many ways in which economics informs policy, illuminating our world and what might be done to make it better.

Common Sense Economics

Author : James D. Gwartney
Publisher : Macmillan
ISBN 13 : 1429955988
Total Pages : 240 pages
Book Rating : 4.4/5 (299 download)

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Book Synopsis Common Sense Economics by : James D. Gwartney

Download or read book Common Sense Economics written by James D. Gwartney and published by Macmillan. This book was released on 2010-08-03 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The authors tell us what everyone should know about economics in language we can all understand. It's refreshing when four of the best in the profession avoid the all-too-common practice of writing in a code that only other economists can comprehend." ---Robert McTeer, former president of the Federal Reserve Bank of Dallas With the global economy recovering from a steep recession, those who fail to grasp basic economic principles such as gains from trade, the role of profit and loss, and the secondary effects of government spending, taxes, and borrowing risk falling behind in their professional careers--even their personal lives. Common Sense Economics discusses key principles and uses them to show how to make wise personal and policy choices. This new edition of a classic from James D. Gwartney, Richard L. Stroup, Dwight R. Lee, and Tawni H. Ferrarini, with reflections on the recent recession and the policy response to it, illuminates our world and what might be done to make it better.

Common Sense Economics

Author : James D. Gwartney
Publisher : St. Martin's Press
ISBN 13 : 1250106958
Total Pages : 272 pages
Book Rating : 4.2/5 (51 download)

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Book Synopsis Common Sense Economics by : James D. Gwartney

Download or read book Common Sense Economics written by James D. Gwartney and published by St. Martin's Press. This book was released on 2016-06-14 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the global economy recovering from a steep recession, and with that recovery challenging our long-held ideas about what careers and the market can be, learning the basics of economics has never been more essential. Principles such as gains from trade, the role of profit and loss, and the secondary effects of government spending, taxes, and borrowing risk continue to be critically important to the way America's economy functions, and critically important to understand for those hoping to further their professional lives - even their personal lives. Common Sense Economics discusses key points and theories, using them to show how any reader can make wiser personal choices and form more informed positions on policy. Now in its third edition, this fully updated classic from James D. Gwartney, Richard L. Stroup, Dwight R. Lee, and Tawni H. Ferrarini reflects on the recession and the progress that's been made since the crash; it offers insight into political processes and the many ways in which economics informs policy, illuminating our world and what might be done to make it better.

Common Sense Macroeconomics

Author : Raveendra N. Batra
Publisher :
ISBN 13 : 9780939352869
Total Pages : 0 pages
Book Rating : 4.3/5 (528 download)

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Book Synopsis Common Sense Macroeconomics by : Raveendra N. Batra

Download or read book Common Sense Macroeconomics written by Raveendra N. Batra and published by . This book was released on 2003 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a book about macroeconomic principles, but is not just a rehash of existing theories. It abounds in new ideas as well. In addition to conventional theories of classical, neoclassical, and Keynesian economists, it examines the impact of rising inequality on employment and economic growth. It also has a chapter on stock market bubbles and crashes. The book argues that demand-side tax cuts are superior to supply-side tax cuts. It shows that regressive taxation is a major cause of current economic ills. Finally, the book offers new reforms.

Smart Economics

Author : Michael Walden
Publisher : Bloomsbury Publishing USA
ISBN 13 : 0313051321
Total Pages : 217 pages
Book Rating : 4.3/5 (13 download)

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Book Synopsis Smart Economics by : Michael Walden

Download or read book Smart Economics written by Michael Walden and published by Bloomsbury Publishing USA. This book was released on 2005-08-30 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: Budget deficits, gas prices, health care costs, social security, job security.... Anxiety over the economy pervades our daily lives—from reports on the early morning newscasts to gossip around the water cooler to dinner table debate. Yet most citizens are woefully ignorant when it comes to understanding how the economy works and how to interpret the impact of policies and business decisions. It's easy to slip into generalities: government spending is wasteful, taxes are too high, good-paying jobs are being shipped overseas, Americans don't save enough. Other issues become hijacked by political partisans to advance their agendas: trade must be fair!, tax cuts will pay for themselves!, there will be no money left in the social security till after the baby boomers loot it! In Smart Economics, Michael Walden provides an antidote: take 50 of today's top economic issues and explain their meaning, implications, and potential solutions in a logical, straightforward, commonsense, and non-partisan way. Has Government Spending Been Out of Control? Is Profit Bad? Walden applies basic economic concepts and logical argumentation to help readers get their bearings—to separate fact from fiction and ultimately make better economic decisions themselves. The result is an entertaining and highly informative introduction to economic principles and their influence on our behavior. In Smart Economics, Michael Walden provides an antidote: take 50 of today's top economic issues and explain their meaning, implications, and potential solutions in a logical, straightforward, commonsense, and non-partisan way. From Has Government Spending Been out of Control? to Is Profit Bad? to Why Are Pro Sports Stars Paid So Much? Walden demystifies the dismal science, using basic concepts and logical argumentation to help readers get their bearings—to separate fact from fiction and ultimately make better decisions, when it comes to spending, investing, saving, and voting. The result is an entertaining and informative introduction to economic principles and their influence on our behavior.

Commonsense Macroeconomics

Author : Ravi Batra
Publisher :
ISBN 13 : 9780939352050
Total Pages : pages
Book Rating : 4.3/5 (52 download)

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Book Synopsis Commonsense Macroeconomics by : Ravi Batra

Download or read book Commonsense Macroeconomics written by Ravi Batra and published by . This book was released on 2015-08-01 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a textbook on macroeconomic principles that explains what other texts have not been able to explain about the Great Recession of 2007

5 Easy Theses

Author : James Stone
Publisher : HarperCollins
ISBN 13 : 0544749650
Total Pages : 293 pages
Book Rating : 4.5/5 (447 download)

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Book Synopsis 5 Easy Theses by : James Stone

Download or read book 5 Easy Theses written by James Stone and published by HarperCollins. This book was released on 2016-05-03 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: A NEW YORK TIMES BESTSELLER A business leader and esteemed economic thinker outlines simple solutions to America’s five most pressing public policy issues, from healthcare to education to inequality. America today confronts a host of urgent problems, many of them seemingly intractable, but some we are entirely capable of solving. In Five Easy Theses, James M. Stone presents specific, common-sense solutions to a handful of our most pressing challenges, showing how simple it would be to shore up Social Security, rein in an out-of-control financial sector, reduce inequality, and make healthcare and education better and more affordable. The means are right in front of us, Stone explains, in various policy options that — if implemented — could preserve or enhance government revenue while also channeling the national economy toward the greater good. Accessible and thought provoking, Five Easy Theses reveals that a more democratic, prosperous America is well within our reach.

Economics for the Common Good

Author : Jean Tirole
Publisher : Princeton University Press
ISBN 13 : 0691192251
Total Pages : 582 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis Economics for the Common Good by : Jean Tirole

Download or read book Economics for the Common Good written by Jean Tirole and published by Princeton University Press. This book was released on 2019-05-14 with total page 582 pages. Available in PDF, EPUB and Kindle. Book excerpt: "When Jean Tirole won the 2014 Nobel Prize in Economics, he suddenly found himself being stopped in the street by complete strangers and asked to comment on issues of the day, no matter how distant from his own areas of research. His transformation from academic economist to public intellectual prompted him to reflect further on the role economists and their discipline play in society. The result is Economics for the Common Good, a passionate manifesto for a world in which economics, far from being a 'dismal science,' is a positive force for the common good. Economists are rewarded for writing technical papers in scholarly journals, not joining in public debates. But Tirole says we urgently need economists to engage with the many challenges facing society, helping to identify our key objectives and the tools needed to meet them. To show how economics can help us realize the common good, Tirole shares his insights on a broad array of questions affecting our everyday lives and the future of our society, including global warming, unemployment, the post-2008 global financial order, the euro crisis, the digital revolution, innovation, and the proper balance between the free market and regulation. Providing a rich account of how economics can benefit everyone, Economics for the Common Good sets a new agenda for the role of economics in society"--Provided by publisher.

Basic Economics

Author : Thomas Sowell
Publisher : ReadHowYouWant.com
ISBN 13 : 1458760510
Total Pages : 482 pages
Book Rating : 4.4/5 (587 download)

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Book Synopsis Basic Economics by : Thomas Sowell

Download or read book Basic Economics written by Thomas Sowell and published by ReadHowYouWant.com. This book was released on 2010-05-21 with total page 482 pages. Available in PDF, EPUB and Kindle. Book excerpt: Basic Economics is a citizen's guide to economics-for those who want to understand how the economy works but have no interest in jargon or equations. Sowell reveals the general principles behind any kind of economy-capitalist, socialist, feudal, and so on. In readable language, he shows how to critique economic policies in terms of the incentives they create, rather than the goals they proclaim. With clear explanations of the entire field, from rent control and the rise and fall of businesses to the international balance of payments, this is the first book for anyone who wishes to understand how the economy functions.

Biblical Economics

Author : Robert Craig Sproul
Publisher : Tolle Lege Press (WV)
ISBN 13 : 9781607021506
Total Pages : 218 pages
Book Rating : 4.0/5 (215 download)

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Book Synopsis Biblical Economics by : Robert Craig Sproul

Download or read book Biblical Economics written by Robert Craig Sproul and published by Tolle Lege Press (WV). This book was released on 2009-01-01 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: Americans are obsessed with money, yet understand little of the workings of economics. Worse yet is the fact that what we think we know is just plain wrong. Politicians and special interest groups benefit from this ignorance while the American people slip deeper into debt and financial slavery. Biblical Economics offers clear, straightforward, and biblically grounded explanations of the basic principles of economic activity. Dr. Sproul examines the many way in which God provides us with our daily bread and helps the reader discover certainty in uncertain times. - Back cover.

Economic Facts and Fallacies

Author : Thomas Sowell
Publisher : Basic Books
ISBN 13 : 0465026303
Total Pages : 295 pages
Book Rating : 4.4/5 (65 download)

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Book Synopsis Economic Facts and Fallacies by : Thomas Sowell

Download or read book Economic Facts and Fallacies written by Thomas Sowell and published by Basic Books. This book was released on 2011-03-22 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: Thomas Sowell “both surprises and overturns received wisdom” in this indispensable examination of widespread economic fallacies (The Economist) Economic Facts and Fallacies exposes some of the most popular fallacies about economic issues-and does so in a lively manner and without requiring any prior knowledge of economics by the reader. These include many beliefs widely disseminated in the media and by politicians, such as mistaken ideas about urban problems, income differences, male-female economic differences, as well as economics fallacies about academia, about race, and about Third World countries. One of the themes of Economic Facts and Fallacies is that fallacies are not simply crazy ideas but in fact have a certain plausibility that gives them their staying power-and makes careful examination of their flaws both necessary and important, as well as sometimes humorous. Written in the easy-to-follow style of the author's Basic Economics, this latest book is able to go into greater depth, with real world examples, on specific issues.

Macroeconomics + Common Sense Economics

Author : Paul Krugman
Publisher : Worth Pub
ISBN 13 : 9780716784456
Total Pages : pages
Book Rating : 4.7/5 (844 download)

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Book Synopsis Macroeconomics + Common Sense Economics by : Paul Krugman

Download or read book Macroeconomics + Common Sense Economics written by Paul Krugman and published by Worth Pub. This book was released on 2005-12-15 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Common Stocks and Common Sense

Author : Edgar Wachenheim, III
Publisher : John Wiley & Sons
ISBN 13 : 1119259932
Total Pages : 140 pages
Book Rating : 4.1/5 (192 download)

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Book Synopsis Common Stocks and Common Sense by : Edgar Wachenheim, III

Download or read book Common Stocks and Common Sense written by Edgar Wachenheim, III and published by John Wiley & Sons. This book was released on 2016-03-25 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: Deep insight and candid discussion from one of Wall Street's best investors Common Stocks and Common Sense provides detailed insight into common stock investing, using a case-study approach based on real-world investments. Author Edgar Wachenheim is the 28-year CEO of Greenhaven Associates, boasting an average annual portfolio comparable to Warren Buffet's. In this book, he shares his knowledge and experiences by providing detailed analyses of actual investments made by himself and other investors. The discussion covers the entire investment process, including the softer, human side, with candid insight into the joys and frustrations, intensities and pressures, and risks and uncertainties. The unique emphasis on behavioral economics and real-world cases set this book apart from the herd—but it's Wachenheim himself and his deeply-examined perspective that elevates the book beyond a mere investing guide. Between 1990 and 2014, a typical portfolio managed by Wachenheim enjoyed an average annual return in excess of 18%, achieved using relatively conservative stocks and no financial leverage. As a proponent of evidence and example, his analysis of real cases serve as a valuable education for anyone looking to improve their own investment practices. Understand investment through the lens of a Wall Street leader Dig into the details of real-world common stock investing Learn how to invest creatively and minimize risk Go beyond theory to study strategy on a case-by-case basis Investment principles and strategies are easy to find—entire libraries have been written about theories and methods and what 'should' happen. But this book goes beyond the typical guide to show you how these ideas are applied in the real world—and what actually happened. Investors seeking real insight, real expertise, and a proven track record will find Common Stocks and Common Sense a uniquely useful resource.

Economics: the Science of Common Sense

Author : Elbert V. Bowden
Publisher : Cincinnati : South-Western Publishing Company
ISBN 13 :
Total Pages : 730 pages
Book Rating : 4.3/5 (97 download)

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Book Synopsis Economics: the Science of Common Sense by : Elbert V. Bowden

Download or read book Economics: the Science of Common Sense written by Elbert V. Bowden and published by Cincinnati : South-Western Publishing Company. This book was released on 1974 with total page 730 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Common Sense behind Basic Economics

Author : Justin Vélez-Hagan
Publisher : Lexington Books
ISBN 13 : 1498509010
Total Pages : 175 pages
Book Rating : 4.4/5 (985 download)

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Book Synopsis The Common Sense behind Basic Economics by : Justin Vélez-Hagan

Download or read book The Common Sense behind Basic Economics written by Justin Vélez-Hagan and published by Lexington Books. This book was released on 2015-10-22 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although it may sometimes seem like studying trigonometry in Latin, basic economics really is just plain common sense. But, it’s become so complicated in its presentation that very few are able to learn the basics. Whether academics, researchers, pundits, or legislators, few seem to have the skills to present economic topics in easy-to-understand language, or they simply don’t know very much themselves. With such misinformation being strewn about, it’s easy to see why the average citizen, first-year economics student, young professional, or even elected official becomes so easily confused. The truth, however, is that basic economics is actually quite simple and even more commonsensical . . . and it should be explained that way. It rarely is, however, and that’s why I’ve written this book: to explain the basics of the basics in simple and easy-to-understand language that isn’t drier than the Atacama Desert, without the charts, graphs, and formulas typically found in text books. Adding in an occasional dash of humor and politics, this book is intended to be a fun, Cliff’s Notes-style supplement to the typical basic econ textbook, but can also be used as a standalone introduction. Topics include most of the themes presented in an Econ 101 course, as well as a number of end-of-chapter discussions on the policies relevant to economics today.