The Holy Grail of Macroeconomics: Lessons from Japan's Great Recession

By Wiley

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	New		3rd Party New		3rd Party Used
Latest	$27.44	Latest	$14.58	Latest	$15.24
Highest	$27.44 2 days ago	Highest	$17.98 Jun 1, '14	Highest	$16.87 Apr 7, '16
Lowest	$19.60 Aug 30, '14	Lowest	$7.77 Oct 7, '14	Lowest	$1.87 Nov 20, '14
Average	$21.62	Average	$14.89	Average	$6.83
Added	Sep 9, 2013	Added	Sep 9, 2013	Added	Sep 9, 2013

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Product Description

The revised edition of this highly acclaimed work presents crucial lessons from Japan's recession that could aid the US and other economies as they struggle to recover from the current financial crisis. This book is about Japan's 15-year long recession and how it affected current theoretical thinking about its causes and cures. It has a detailed explanation on what happened to Japan, but the discoveries made are so far-reaching that a large portion of economics literature will have to be modified to accommodate another half to the macroeconomic spectrum of possibilities that conventional theorists have overlooked. The author developed the idea of yin and yang business cycles where the conventional world of profit maximization is the yang and the world of balance sheet recession, where companies are minimizing debt, is the yin. Once so divided, many varied theories developed in macro economics since the 1930s can be nicely categorized into a single comprehensive theory-

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Amazon > Books > Specialty Boutique > New, Used & Rental Textbooks > Business & Finance > Economics > Macroeconomics

Amazon > Books > Subjects > Business & Investing > Economics > Macroeconomics

Amazon > Books > Subjects > Business & Investing > Economics > Economic Conditions

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Discussions on Reddit mentioning this product:

Subreddit	Title	Date
/r/japan	Can someone clarify the nature of Japan's economic issues for those of us who don't quite understand?	Nov 30, 2014

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