533499
9780939352869
This is a book about macroeconomic principles, but is not just a rehash of existing theories. It abounds in new ideas as well. In addition to conventional theories of classical, neoclassical, and Keynesian economists, it examines the impact of rising inequality on employment and economic growth. It also has a chapter on stock market bubbles and crashes. The book argues that demand-side tax cuts are superior to supply-side tax cuts. It shows that regressive taxation is a major cause of current economic ills. Finally, the book offers new reforms.Raveendra N. Batra is the author of 'Common Sense Macroeconomics' with ISBN 9780939352869 and ISBN 0939352869.
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