Macroeconomics: Past and Present Volume 2

This anthology uses primary sources to educate students about the living tradition of macroeconomics. Students learn the core principles and gain an understanding of how macroeconomics has been developing for more than two centuries. The book tells the often overlooked story of important work in macroeconomics pre-dating John Maynard Keynes. Students will see how Keynes borrowed from and developed this earlier work, and how macroeconomics went on to develop into a distinct discipline. It provides a broad range of perspectives and traditions, most notably the monetarist approach and the Austrian school of macroeconomic thinking.

This book is designed to be used with Macroeconomics: The Monetary Foundations of the Macroeconomy, Volume 1.

Dr. Thomas C. Rustici was the Freedom Professor of Economics at the Fund for American Studies, Georgetown University. He is currently an assistant professor of economics and the Associate Director of Undergraduate Studies in Economics at George Mason University.

James Caton is a graduate teaching assistant and Ph.D. candidate in the economics program at George Mason University.

Dima Yazji Shamoun is a research fellow with the Regulatory Studies Program at the Mercatus Center. She earned her Ph.D. in economics from George Mason University.

Theo Shamoun earned both his B.A., summa cum laude, and M.A. degrees in economics from George Mason University.