Works for me. mbs
Jim,
Not bad. Pretty close to what I do.
Next time I go out with you and Peter
Dorman and Max Sawicky, I shall call us all by
code names beginning with H. You'll be "Holy
Father," Peter will be "Hoffman," Max will be
"Hoffa," and I'll be "Horse Thief," :-).
Bark
Because AD does not exist in Keynes in the same form.
>
> Michael,
> What you find in Chapter 21, Section IV of
> the General Theory is indeed the AS/AD that
> one finds in the textbooks, especially on pp. 300-303.
> It is true that in this discussion he does not use
> the terms "aggregate
I really think it's only important for teachers. AS/AD per se is
irrelevant to debates outside the classroom, although some of the issues
that are raised around AS/AD (how do foreign exchange markets work, when
do bottlenecks kick in, etc.) are pertinent. But you can -- and do --
talk about thes
ssage-
From: Doug Henwood <[EMAIL PROTECTED]>
To: [EMAIL PROTECTED] <[EMAIL PROTECTED]>
Date: Monday, August 28, 2000 7:11 PM
Subject: [PEN-L:916] Re: Re: Re: Re: Re: Re: Re: Re: Re: intro macro text
>Why is this AS/AD debate important?
>
>Doug
>
>
Why is this AS/AD debate important?
Doug
I was really hoping not to get sucked back into the debate we had long ago,
but...
International substitution: downward-sloping AD, I guess, but only if you don't
have PPP. Also, much would depend on how open the economy is: how much mileage
do you get from international substitution in the US?
t;[EMAIL PROTECTED]>
To: [EMAIL PROTECTED] <[EMAIL PROTECTED]>
Date: Monday, August 28, 2000 5:52 PM
Subject: [PEN-L:904] Re: Re: Re: Re: Re: Re: intro macro text
>The problem with AS/AD is that, in the best scenario, it is predicated on
ad
>hoc assumptions that may or may not hold in an
The problem with AS/AD is that, in the best scenario, it is predicated on ad
hoc assumptions that may or may not hold in any particular historical situation
-- that is, they are not logically required. In the bad scenario, the curves
are justified by incoherent arguments that suffer from fallacy
At 02:33 PM 08/25/2000 -0400, you wrote:
>Thanks. Any you can recommend? (The Galbraith and Darity is out of print
>and not in my library.)
are there _any_ good intermediate macro books out there?
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~JDevine
"Is it peace or is it Prozac?" -
At 03:11 PM 08/25/2000 -0400, you wrote:
>I had adopted Colander, but just since
>sending out the last message finally got a copy and
>took a close look at it. He has removed all kinds
>of things like problems of less developed countries.
>I must say, I am very disappointed. Will not use it agai
The dissenting mainstreamish texts (Fusfeld, Shepherd) have all been extinguished. I
found
Colander very difficult to use -- he goes off on tangents and pontificates too much.
That may
work well in his classroom, but it doesn't work well with *my* tangents and
pontifications...
Peter
[EMAIL
what to say :-(.
Barkley Rosser
-Original Message-
From: [EMAIL PROTECTED] <[EMAIL PROTECTED]>
To: [EMAIL PROTECTED] <[EMAIL PROTECTED]>
Date: Friday, August 25, 2000 2:34 PM
Subject: [PEN-L:843] Re: Re: Re: Re: Re: Re: Re: intro macro text
>Thanks. Any you can recom
Thanks. Any you can recommend? (The Galbraith and Darity is out of print and not in my
library.)
-Christian
[EMAIL PROTECTED] wrote:
> Christian,
Major vomitorium. This is the book by a "Keynesian"
that reduces Keynes to a few boxes in the back. It is
all pure New Classical growth theo
Christian,
Major vomitorium. This is the book by a "Keynesian"
that reduces Keynes to a few boxes in the back. It is
all pure New Classical growth theory, the most stupid
orthodoxy brought down to the intro level. Even though
at the graduate and research levels, people are moving
beyond t
I think Peter D is looking for a textbook like Colander's which has a different view of
AS/AD, one that's more respectable intellectually.
Unfortunately, the most recent edition "surrenders" on this issue. It might still be
good.
Fusfeld used to have a textbook with the K-cross instead of AS/A
Mankiw is pure fluff. He got a $1 million bonus to write it. It gives
the students a sense that they are going to learn something profound, but
then he just waves his hand.
Students like it because it is not very meaty. They are vegetarians -- at
least here in Ca.
>
>
> What do folks think
What do folks think of N. Gregory Mankiw's Macro book? It got raves on
Amazon.Christian
I've got it. Picked it up for free at the AEA meetings.
When I searched thru it for a discussion of GDP accounting,
I could find nothing. Which is not promising, IMO.
mbs
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