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The financial crisis that began in 2007 has severely shaken economics and has brought into question its analyses and recommendations. Not all macroeconomists are up to the challenge. This thought-provoking book addresses how economic ideas have failed from a macro perspective, and questions which macroeconomic theories should researchers should preserve and develop. The nine highly-renowned macroeconomists contributing to this book highlight the virtues of eclectic macro over an authoritarian normative approach. Their wide-ranging chapters remind us that there are many positive approaches to macroeconomics.

Macroeconomics --- Global Financial Crisis, 2008-2009 --- AA / International- internationaal --- 330.2 --- 305.96 --- 339 --- Global Economic Crisis, 2008-2009 --- Subprime Mortgage Crisis, 2008-2009 --- Financial crises --- Economics --- Economische analyse en research. Theorie van de informatie. --- Macro-economisch model van een of verschillende landen. --- Macro-economisch model van een of verschillende landen --- Economische analyse en research. Theorie van de informatie