Jeff's Reviews > Macroeconomics

Macroeconomics by Charles R. Nelson
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's review
Apr 07, 09

bookshelves: policy, nonfiction
Read in April, 2009

Have to give 3 stars simply because it's a bit dated (using CDs as the example in a single-product economy!) but I wish I had had this text instead of the one that I did have when I took Macro 18 years ago. I wanted a refresher, given current events. Some sections I read in detail, while others I skimmed a bit.

The book is in black and white and is not fancy at all. Nelson does not peddle ideology hard, giving a temperate endorsement of monetarist Fed targeting policy. He devotes a chapter to Keynes (noting that most Macro textbooks for the last two generations were more or less 100% Keynesian indoctrinations) where he doesn't kill Keynes but does note that fiscal stimulus is not all that Keynesians crack it up to be.

I will probably re-read a few sections to solidify the concepts in my mind.
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