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Lectures in Macroeconomics: A Capitalist Economy Without Unemployment' provides a systematic account of the principle of aggregate demand based on the work of Polish economist Michal Kalecki, best known as one of the originators of the Keynesian Revolution in macroeconomics.The lectures demonstrate the importance of aggregate demand in determining total output and employment in the capitalist economy. They show how the investment decisions of firms affect economic growth, arguing that due to the unstable nature of investment it is important that the government has a central role in stabilizing the economy.0This English translation of Kazimierz Laski's final work brings up to date fundamental concepts to give a picture of the twenty-first capitalist economy, and the obstacles that must be overcome in bringing it to full employment. It introduces the role of money and finance in the contemporary capitalist economy, as well as the central role of the labour market and wages. The analysis is illustrated with statistics and discussion around the evolution of capitalist economies and the rise of economic inequality since the Second World War, culminating in the 2008 crisis and the economic deflation affecting Europe since that crisis. Lectures in Macroeconomics remarks critically upon the neo-classical approach to economics that has brought about slow economic growth, unemployment, and inequality.

Macroeconomics.

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La 4e de couverture indique : "L'investissement est la composante la plus instable du PIB, donc la plus difficile à expliquer et à prévoir. L'étude des comportements d'investissement constitue l'un des principaux domaines de recherche de la théorie économique, mais aussi un terrain de controverses très vives. L'ampleur des fluctuations de l'investissement et leur rôle dans les mouvements conjoncturels ont donné lieu à un foisonnement d'analyses, quelquefois difficiles à associer à une école de pensée et souvent techniquement complexes. Ce livre les présente de manière pédagogique en tirant parti des enseignements théoriques et empiriques les plus récents. En abordant les questions des investissements publics, immatériels ou financiers, il permet de mieux comprendre les difficultés de l'économie française, les raisons de l'instabilité de sa croissance ou des problèmes de compétitivité."

Macroeconomics.

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East Asia has been a paragon of global development success. The dramatictransformation of the region over the past half century-with a succession ofcountries having progressed from low-income to middle-income and even to high-incomestatus-has been built on what has come to be known as the "East Asiandevelopment model". A combination of policies that fostered outward-oriented, labor-intensivegrowth while strengthening basic human capital and providing sound economicgovernance has been instrumental in moving hundreds of millions of people out ofpoverty and into economic security.Yet East Asia's economic resurgence remains incomplete. More than 90 percent of its peoplenow live in 10 middle-income countries, many of which can realistically aspire to high-incomestatus in the next generation or two. But these countries are still much less affluent andproductive than their high-income counterparts. Even as the region's middle-income countriesattempt to move up to high-income status, they confront a rapidly changing global andregional economic environment. Slowing growth in global trade and shifts in its patterns,rapid technological change, and evolving country circumstances all present challenges tosustaining productivity growth, fostering inclusion, and enhancing state effectiveness.A Resurgent East Asia: Navigating a Changing World is about how policy makersacross developing East Asia will need to adapt their development model to effectivelyaddress these challenges in the coming decade and sustain the region's remarkabledevelopment performance".The world is changing. How do East Asia's developing economies navigate this change?This is a commendable book on this topic-a must-read for policy makers, academia,and students who are interested in East Asia".- Chatib Basri, Former Minister of Finance, Government of Indonesia"A Resurgent East Asia is a vital publication for the most successful region as it looks tothe future and the expectations of its citizens. This study helps to identify the new areasof risk and to suggest ways to ameliorate them. In so doing, it is an invaluable resourcefor governments. Based on first-rate analysis, it is a must-read for policy makers andeveryone interested in East Asia's development prospects!"- Danny Leipziger, Managing Director, The Growth Dialogue, and Professorof International Business, George Washington University"This report delivers a careful and rigorous analysis of the strengths of East Asia's 'growthwith equity' development strategy. While noting the model's success in lifting millions outof poverty, the report also warns of the looming challenge of maintaining growth withinclusion, and it highlights the need for countries to improve their social protection systemsand ensure that opportunities are fair and available to all. A must-read for policy makersand development practitioners alike".- Ana Revenga, Senior Fellow, Brookings Institution.

Macroeconomics.

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Die ";Makroökonomik";, die die rasante Entwicklung der jüngsten Zeit verarbeitet und mit Hilfe der Gleichgewichtsanalyse darstellt. Pflichtlektüre für jeden Volkswirt nicht erst vor dem Examen. In der 3. Auflage wurde das Werk wieder erweitert.

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Macroeconomics.