This book assesses major schools of thought in macroeconomic theory between the Great Depression and the Long Recession …’s subsequent rise to prominence. Finally, the book outlines how macroeconomics has evolved from its birth in the 1930s as a theory …

The thought-provoking book presents alternative viewpoints to mainstream macroeconomic theory, questions conventional … reflects the author's acknowledged command over the theory and practice of economic policies globally, and his decades of …New Consensus Macroeconomics(NCM): Theory -- NCM: Macroeconomic Policy Implications -- NCM : Implications for …