Macroeconomics Anti-Textbook

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economics
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Product details

  • ISBN 9781350323711
  • Weight: 620g
  • Dimensions: 156 x 232mm
  • Publication Date: 17 Nov 2022
  • Publisher: Bloomsbury Publishing PLC
  • Publication City/Country: GB
  • Product Form: Paperback
  • Language: English
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Mainstream textbooks present economics as an objective science, free from value judgements. This book demonstrates this to be a myth – one which serves to make such textbooks not only off-puttingly bland, but also dangerously misleading in their justification of the status quo and neglect of alternatives.

In this much-needed companion volume to the popular Microeconomics Anti-Textbook, Tony Myatt reveals how the blind spots and methodological problems present in microeconomics continue to exert their influence in mainstream macroeconomics. From a flawed conception of the labour market, to a Pollyana view of the financial sector, macroeconomic principles as they are set out in conventional undergraduate textbooks consistently fail to set out a realistic, useful, or equitable framework for understanding the world.

By summarising and then critically evaluating the major topics found in a typical macroeconomics textbook, the Anti-Textbook lays bare their sins of omission and commission, showing where hidden value judgements are made and when contrary evidence and alternative theories are ignored. The Macroeconomics Anti-Textbook is the student's essential guide to decoding mainstream macroeconomic textbooks, and demonstrating how real-world economics are much more interesting than most economists are willing to let on.

Tony Myatt is a Professor of Economics in the Department of Economics at the University of New Brunswick’s Fredericton campus, Canada.

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