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Barnes and Noble

The Holy Grail of Macroeconomics: Lessons from Japan's Great Recession / Edition 1

Current price: $40.00
The Holy Grail of Macroeconomics: Lessons from Japan's Great Recession / Edition 1
The Holy Grail of Macroeconomics: Lessons from Japan's Great Recession / Edition 1

Barnes and Noble

The Holy Grail of Macroeconomics: Lessons from Japan's Great Recession / Edition 1

Current price: $40.00
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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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Barnes & Noble does business -- big business -- by the book. As the #1 bookseller in the US, it operates about 720 Barnes & Noble superstores (selling books, music, movies, and gifts) throughout all 50 US states and Washington, DC. The stores are typically 10,000 to 60,000 sq. ft. and stock between 60,000 and 200,000 book titles. Many of its locations contain Starbucks cafes, as well as music departments that carry more than 30,000 titles.

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