The Macroeconomics Anti-Textbook: A Critical Thinker's Guide

Mainstream textbooks present economics as an objective science, but this book demonstrates that it is a myth that serves to make textbooks off-puttingly bland and misleading. The Anti-Textbook lays bare the blind spots and methodological problems in macroeconomics, showing where hidden value judgements are made and contrary evidence and alternative theories are ignored. It is a must-read for students who want to understand real-world economics.

Format: Paperback / softback
Length: 408 pages
Publication date: 17 November 2022
Publisher: Bloomsbury Publishing PLC

Mainstream textbooks present economics as an objective science, free from value judgments. This book demonstrates that this is a myth, which serves to make such textbooks not only off-puttingly bland but also dangerously misleading in their justification of the status quo and neglect of alternatives. In this much-needed companion volume to the popular Microeconomics Anti-Textbook, Tony Myatt reveals how the blind spots and methodological problems present in microeconomics continue to exert their influence in mainstream macroeconomics. From a flawed conception of the labor market to a Pollyanna view of the financial sector, macroeconomic principles as they are set out in conventional undergraduate textbooks consistently fail to set out a realistic, useful, or equitable framework for understanding the world. By summarizing and then critically evaluating the major topics found in a typical macroeconomics textbook, the Anti-Textbook lays bare their sins of omission and commission, showing where hidden value judgments are made and when contrary evidence and alternative theories are ignored. The Macroeconomics Anti-Textbook is the student's essential guide to decoding mainstream macroeconomic textbooks, and demonstrating how real-world economics are much more interesting than most economists are willing to let on.

Weight: 624g
Dimension: 156 x 233 x 30 (mm)
ISBN-13: 9781350323711