How Long to Read Debates in Macroeconomics from the Great Depression to the Long Recession

How Long Does it Take to Read Debates in Macroeconomics from the Great Depression to the Long Recession?

It takes the average reader 5 hours and 31 minutes to read Debates in Macroeconomics from the Great Depression to the Long Recession by Arie Arnon

Assuming a reading speed of 250 words per minute. Learn more

Description

This book assesses major schools of thought in macroeconomic theory between the Great Depression and the Long Recession, focusing on their analysis of cycles, crises and macro-policy. It explores the road from the dominance of Keynesian ideas to those of New Classical Macroeconomics (NCM) toward the end of the millennium. The book covers the early influential work of Knut Wicksell; the economic debates of the 1930s, with core contributions from John Maynard Keynes and Friedrich von Hayek; the rise of Keynesianism in the 1950s and its decline since the 1970s; the rise of Monetarism in the 1960s; and NCM’s subsequent rise to prominence. Finally, the book outlines how macroeconomics has evolved from its birth in the 1930s as a theory separate from microeconomics, resulting in a split between macro- and micro-theories, and ended up with a new hegemonic paradigm based on microfoundations. The ensuing policy thinking witnessed a transformation from "active" macro-policy after the Great Depression to a far more "passive" macro-policy during the last quarter of the twentieth century, which may have contributed to missing the signs of the impending Long Recession of 2008. “When the 2008 crisis struck, macroeconomists were caught with models that were theoretically elegant yet inappropriate to the needs of the moment. A broader historical perspective may have prevented the jettisoning of Keynesian models that had proved useful in the past and might have done so again. This highly readable book by Arie Arnon is a wonderful antidote to economists’ short time horizon and contributes mightily to restore the profession’s “collective memory” of the diversity of ideas within macroeconomics.” Professor Dani Rodrik, Harvard Kennedy School

How long is Debates in Macroeconomics from the Great Depression to the Long Recession?

Debates in Macroeconomics from the Great Depression to the Long Recession by Arie Arnon is 325 pages long, and a total of 82,875 words.

This makes it 110% the length of the average book. It also has 101% more words than the average book.

How Long Does it Take to Read Debates in Macroeconomics from the Great Depression to the Long Recession Aloud?

The average oral reading speed is 183 words per minute. This means it takes 7 hours and 32 minutes to read Debates in Macroeconomics from the Great Depression to the Long Recession aloud.

What Reading Level is Debates in Macroeconomics from the Great Depression to the Long Recession?

Debates in Macroeconomics from the Great Depression to the Long Recession is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Debates in Macroeconomics from the Great Depression to the Long Recession?

Debates in Macroeconomics from the Great Depression to the Long Recession by Arie Arnon is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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