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Control of the Economy in the Real World

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Macroeconomics

Abstract

In this book we have, so far, concentrated mainly on the theoretical explanations of how the macroeconomy works. Where it has been possible to introduce an element of realism, without destroying the simplicity of the theories, this has been done. Now, as a final exercise, we must open our theories up to the tests of the real world in order to discover how useful they are likely to be.

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Further Reading

  • C. D. Cohen (ed.), Agenda for Britain 2: Macro Policy. Choices for the 80s (Philip Allan, 1982)

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  • J. Eatwell, Whatever Happened to Britain? The Economic Decline (BBC and Duckworth, 1982)

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  • Andrea Boltho, ‘Is Western Europe Caught in an “Expectations Trap”?’, LBR (April 1982)

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  • C. P. Davies, ‘The Keynesian and Monetarist Models and the Implications for Key Aspects of Economic Policy’, EJEA (Winter 1982)

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  • Geoffrey Maynard, ‘Microeconomic Deficiencies in UK Macroeconomic Policy’, LBR (July 1982)

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  • James Meads, ‘Domestic Stabilization and the Balance of Payments’, LBR (Jan 1982)

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  • George Ray, ‘Innovations in the Long Cycle’, LBR (Jan 1980)

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  • Jan Tumlir, ‘The World Economy Today: Crisis or a New Beginning?’, NWBQR (Aug 1983)

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Authors

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© 1985 John Evans-Pritchard

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Cite this chapter

Evans-Pritchard, J. (1985). Control of the Economy in the Real World. In: Macroeconomics. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-17926-8_16

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