Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Common Sense Macroeconomics PDF full book. Access full book title Common Sense Macroeconomics by Ravi Batra. Download full books in PDF and EPUB format.
Author: Ravi Batra Publisher: World Scientific ISBN: 1786348411 Category : Business & Economics Languages : en Pages : 377
Book Description
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
Author: Ravi Batra Publisher: World Scientific ISBN: 1786348411 Category : Business & Economics Languages : en Pages : 377
Book Description
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
Author: Ravi Batra Publisher: ISBN: 9780939352050 Category : Languages : en Pages :
Book Description
This is a textbook on macroeconomic principles that explains what other texts have not been able to explain about the Great Recession of 2007
Author: Raveendra N. Batra Publisher: ISBN: 9780939352869 Category : Economics Languages : en Pages : 0
Book Description
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.
Author: Michael Walden Publisher: Praeger ISBN: Category : Business & Economics Languages : en Pages : 224
Book Description
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.
Author: Robert Craig Sproul Publisher: Tolle Lege Press (WV) ISBN: 9781607021506 Category : Economics Languages : en Pages : 218
Book Description
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.
Author: James Stone Publisher: HarperCollins ISBN: 0544749650 Category : Political Science Languages : en Pages : 293
Book Description
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.
Author: Peter Kennedy Publisher: MIT Press ISBN: 9780262611503 Category : Business & Economics Languages : en Pages : 436
Book Description
This book offers a clear exposition of introductory macroeconomic theory along with more than 600 one- or two-sentence "news clips" that serve as illustrations and exercises.
Author: Thomas Sowell Publisher: Basic Books ISBN: 0465026303 Category : Business & Economics Languages : en Pages : 295
Book Description
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.
Author: Ravi Batra
Author: Ravi Batra
Author: Ravi Batra
Author: L. Albert Hahn
Author: Raveendra N. Batra
Author: Michael Walden
Author: Elbert V. Bowden
Author: Robert Craig Sproul
Author: James Stone
Author: Peter Kennedy
Author: Thomas Sowell