Would anybody have any good recommendations on introductory works on both the Keynesian and Austrian economic schools. I am interesting in knowing enough about both to weigh them up and see if I can say which one is the better.
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Economics book recommendations
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Would anybody have any good recommendations on introductory works on both the Keynesian and Austrian economic schools. I am interesting in knowing enough about both to weigh them up and see if I can say which one is the better.
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(February 5, 2012 at 8:54 am)Justtristo Wrote: Would anybody have any good recommendations on introductory works on both the Keynesian and Austrian economic schools. I am interesting in knowing enough about both to weigh them up and see if I can say which one is the better. Macro or micro? If you ever find an introductory economics textbook trying to fit both into the same 1000 level course, it's being oversimplified. (February 5, 2012 at 1:45 pm)RW_9 Wrote: Macro or micro? If you ever find an introductory economics textbook trying to fit both into the same 1000 level course, it's being oversimplified. Actuallly I am looking for books which already assume the reader knows basic micro and macroeconomics.
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If you already know the basics and want to focus on differentiating Keynesian and Austrian, I would recommend studying the history of economics as a whole instead of focusing on basic textbooks. Individual textbooks, especially in the social sciences, are heavily dependent upon the historical perspective of the editors and authors compiling the book. It is easier to start progressing into the specific perspectives (Keynesian, etc) by actually studying the authors who started them, then move on to modern interpretations and progress afterwards.
So what I'm saying is go read Keynes and Hayek themselves. |
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