"'Macroeconomics' presents a new approach to macroeconomics, based on microeconomic foundations combined with Keynesian-style short-run policy analysis. The book features: a pronounced international stance, systematically presenting data from several countries; consistent treatment of the long...

This book offers a new interpretation of the Employment Act of 1946. It argues that in addition to Keynesian economics, the idea of a living wage was also part of the background leading up to the Employment Act. The Act mandated that the president prepare an Economic Report on the state of the...