Big Ideas in Macroeconomics

An accessible description of modern macroeconomics, and a defense of its policy relevance.

Macroeconomists have been caricatured either as credulous savants in love with the beauty of their mathematical models or as free-market fundamentalists who admit no doubt as to the market''s wisdom. In this book, Kartik Athreya draws a truer picture, offering a nontechnical description of prominent ideas and...