Author Description

Real World Macro, 22nd edition, is a lively, thought-provoking alternative to mainstream economics textbooks. Real World Macro asks the questions that standard textbooks try to avoid: What's so great about growth? Is unemployment "natural"? Why should inequality matter? Along with covering the basics--monetary and fiscal policy, productivity and investment, inflation and unemployment--Real World Macro includes a chapter on major controversies in macroeconomics, such as the legacy of Keynesianism in the United States and the basics of Marxist economic theory. It also takes a look at international trade and finance, covering such topics as the debt crisis and arguments for and against "free trade." The thoroughly updated and revised 22nd edition contains new chapter introductions reviewing the concepts examined in each article, discussion questions relating them to a standard textbook, and new articles addressing the latest real world issues and controversies, including topics like Social Security, the housing bubble, offshoring, the declining dollar, tax cuts, and the persistence of the racial and gender gap in jobs and income. While Real World Macro is a great supplement to any mainstream text, its articles have been keyed to David Colander's popular textbook, Economics, and its macroeconomics "split." Real World Macro's engaging articles are drawn from the pages of Dollars & Sense, the award-winning magazine of popular economics. Dollars & Sense also publishes Real World Micro, Current Economic Issues, The Wealth Inequality Reader, Real World Globalization, Real WOrld Banking, The Environment in Crisis, Introduction to Political Economy, and Unlevel Playing Fields: Understanding Wage Inequality and Discrimination.