The 17 seminal essays by Robert J. Gordon collected here, including three previously unpublished works, offer views on the principal topics of macroeconomics - namely, growth, inflation, and unemployment. The author re-examines their salient points in a creative, accessible introduction that...

Intro; Table of Contents; In Memoriam: Kenneth Joseph Arrow (1921-2017); Foreword, by Robert M. Solow; Preface; Random Thoughts on "Birth and Death," by Kenneth J. Arrow; Birth and Death: Arrow Lecture; 1. Economic Demography; 2. Utilitarian Ethics; 3. Ends and Means; 4. Synopsis; Part I: Foundations;...

Global crises are very rare events. After the Great Depression and the Great Stagflation, new macroeconomic paradigms associated with a new policy regime emerged. This book addresses how some macroeconomic ideas have failed, and examines which theories researchers should preserve and develop. It...