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Principles Of Macroeconomics: Activist Vs. Austerity Policies, Howard Sherman, Mike Meeropol
Principles Of Macroeconomics: Activist Vs. Austerity Policies, Howard Sherman, Mike Meeropol
HOWARD J SHERMAN
This is an economics textbook comparing Neoclassical economic theories with Progressive economic theories, written in extremely accessible prose.
Dynamics Of The Current Crisis, Howard Sherman, Mike Meeropol
Dynamics Of The Current Crisis, Howard Sherman, Mike Meeropol
HOWARD J SHERMAN
Sometimes, it is useful to take a step back and remind ourselves why recessions occur and why recoveries usually follow shortly thereafter. Having done that, we can try to understand the causes of far more serious recessions and what must be done to recover. The authors point out how such severe recessions, including the Great Recession of 2007 to 2009, differ profoundly from most others
The Business Cycle: Growth And Crisis In Capitalism, Howard Sherman
The Business Cycle: Growth And Crisis In Capitalism, Howard Sherman
HOWARD J SHERMAN
Are the recurring recessions of the capitalist world merely short-term adjustments to changing economic circumstances in a system that tends, in general, toward equilibrium? In this accessible study of the business cycle, Howard Sherman makes a powerful case that recessions and painful involuntary unemployment are endogenous to capitalism. Drawing especially on the work of Wesley Clair Mitchell, Karl Marx, and John M. Keynes, Sherman explains why the nature of the business cycle produces serious economic loss and misery during its contraction phase, just as it produces growth in its expansion phase.