Real World Macro
- Date of publication:
- August 2012
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Chapter 2: Perspectives on Macroeconomic Policy Introduction 2.1 The Revenge of the Classics 2.2 What’s Wrong with Neoliberalism? 2.3 Inequality, Power, and Ideology 2.4 Rank-and-File Economics
2.5 The Growth Consensus Unravels 2.6 Under the Margins: Feminist Economists Look at Gender and Poverty 2.7 Opening Pandora’s Box: The Basics of Marxist Economics Chapter 3: Wealth, Inequality, and Poverty Introduction
3.1 Slicing Up at the Long Barbeque 3.2 Unions and Economic Performance 3.3 The Death of Horatio Alger 3.4 No Thanks to the Super-Rich 3.5 The Great Recession in Black Wealth 3.6 Different Anti-Poverty Programs, Same Single-Mother Poverty 3.7 Rich and Poor in the Global Economy 3.8 Geese, Golden Eggs, and Traps: Why Inequality is Bad for the Economy
Chapter 4: Savings and Investment Introduction 4.1 Boosting Investment: The Overrated Influence of Interest Rates 4.2 Dow’s Rebound after the Great Recession Inconsequential for Most Americans 4.3 From Tulips to Mortgage-Backed Securities 4.4 The New World of Home Loans 4.5 The Giant Pool of Money 4.6 Derivatives and Deregulation 4.7 The Case for a National Infrastructure Bank 4.8 No More Savings!
4.9 Financialization: A Primer Chapter 5: Fiscal Policy, Deficits, and Debt Introduction 5.1 A New WPA? 5.2 Responding to Revisionism 5.3 How I Learned to Stop Worrying and Love the Deficit 5.4 Myths of the Deficit 5.5 Fiscal Policy and “Crowding Out” 5.6 The Betrayal of Public Workers 5.7 We Need a (Green) Jobs Program 5.8 Taxes and Economic Growth 5.9 Sand in the Wheels, Not in the Face 5.10 Social Security Q&A: Separating Fact from Fiction 5.11 Universal Health Care: Can We Afford Anything Less? Chapter 6: Monetary Policy and Financial Markets Introduction 6.1 What is Money? 6.2 Focus on the Fed 6.3 How do Fiscal and Monetary Policy Compare? 6.4 Pushing on Strings 6.5 Fed Up 6.6 Not Too Big Enough 6.7 Still Banking on Fraud 6.8 The Bailout of Fannie Mae and Freddie Mac 6.9 Transforming the Fed Chapter 7: Unemployment and Inflation Introduction 7.1 The "Natural Rate" of Unemployment: It's All About Class Conflict 7.2 Raw Deal for Workers 7.3 Outsized Offshore Outsourcing 7.4 Keynes, Wage and Price "Stickiness," and Deflation 7.5 Unemployment: A Jobs Deficit or a Skills Deficit? 7.6 Creating Decent Jobs: The Role of Unions 7.7 The Relationship of Unemployment and Inflation Chapter 8: International Trade and Finance Introduction 8.1 The Gospel of Free Trade: The New Evangelists 8.2 Comparative Advantage 8.3 Are Low Wages and Job Loss Inevitable? 8.4 Putting the “Global” in the Global Economic Crisis 8.5 W(h)ither the Dollar? 8.6 Why the United States Is Not Greece 8.7 Is China’s Currency Manipulation Hurting the U.S.?
8.8 Chinese Workers Stand Up 8.9 International Labor Standards 8.10 Nike to the Rescue? Contributors
- Chapter 1: Measuring Economic Performance
- 1.1 When Is A Recession Over?
- 1.2 Same Output + Fewer Hours = Economic Crisis?
- 1.3 Inexcusable: “Dr. Phil’s” Financial Recession
- 1.4 The Real Unemployment Rate Hits a 68-Year High
- 1.5 How Blacks Might Fare in the Jobless Recovery
- 1.6 Women Breadwinners, Men Unemployed
- 1.7 Hey, Big Number, Make Room for the Rest of Us
- 1.8 Wages for Housework: The Movement and the Numbers
- 1.9 Measuring Economic Development