Asset Accumulation and Economic Activity: Reflections on Contemporary Macroeconomic Theory - Softcover

Tobin, James

 
9780226805023: Asset Accumulation and Economic Activity: Reflections on Contemporary Macroeconomic Theory

Synopsis

In this work James Tobin discusses two major issues of macroeconomics: the strength of automatic market forces in maintaining full employment equilibrium and the efficacy of government fiscal and monetary policies in stabilizing the economy.

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About the Author

James Tobin, the 1981 Nobel Laureate in Economics, is the Sterling Professor of Economics at Yale University.

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