One of the major problems of macroeconomic theory is the way in which the people exchange goods in decentralized market economies. There are major disagreements among macroeconomists regarding tools to influence required outcomes. Since the mainstream efficient market theory fails to provide an...

Introduction: Arab Development via the Channels of War and Oil / A. Kadri. - PART I: POLITICAL ECONOMY. - 1. Egypt: Failed Emergence, Conniving Capitalism, Fall of the Muslim Brothers, A Possible Popular Alternative / Samir Amin. - 2. The Failure of Arab Macro Policy / Fadle Naqib. - 3. The...

"The views of Thomas Robert Malthus (1766-1834) on population, first published in his Essay on the Principle of Population, 1798, continue to be hotly debated, either acclaimed or opposed, as do his views on microeconomics. There is also a widely held view that his macroeconomics lacks coherence...

"Macroeconomics has always played host to contesting schools of thought, but recent events have exacerbated those differences. To fully understand the subject, students need to be aware of these controversies. Rethinking Macroeconomics: A History of Economic Thought Perspective introduces...