New Macroeconomics

Business Expert Press
  • erschienen am 15. Januar 2018
  • |
  • 144 Seiten
E-Book | ePUB mit Adobe DRM | Systemvoraussetzungen
978-1-947441-13-2 (ISBN)
According to the National Bureau of Economic Research (NBER), a deep recession started in the United States in December 2007 and ended in June 2009. However, most people recognize that even though the recession was said to be over, its after-effects lingered well into the next decade, and even in 2017, some ten years later, governments in America and around the world were struggling with problems of low growth, wage stagnation and high poverty. Most economists were caught off guard, and they began to look for new ideas that may be appropriately called NEW MACROECONOMICS. This book examines conventional economics in the context of recent developments. It shows that a new theory, known as the wage-productivity model, explains almost every macro-economic experience of the global economy since 1980. You have to read this theory to believe it. This theory will turn out to be more important than the Keynesian revolution.
  • Englisch
  • 9,30 MB
978-1-947441-13-2 (9781947441132)
1947441132 (1947441132)
weitere Ausgaben werden ermittelt
Apek Mulay is a business and technology consultant at Mulay's Consultancy Services. He is author of books Mass Capitalism: A Blueprint for Economic Revival, Sustaining Moore's Law: Uncertainty Leading to a Certainty of IoT Revolution with Morgan & Claypool, How Information Revolution Remade the Business and the Economy: A Roadmap for Progress of the Semiconductor Industry and New Macroeconomics with Business Expert Press. His next book New Macroeconomics in the Age of the Robot is presently under authorship with Business Expert Press. Mulay has also authored a monograph on technology with Lambert Academic Publishing. Mulay holds two masters degrees, one in electrical engineering from Texas Tech University and business analytics from University of Texas at Dallas. He authored a patent Surface Imaging with Materials Identified by Colors during his employment in Advanced CMOS technology development team at Texas Instruments Inc. USCIS approved his US permanent residency under the category of foreign nationals with extraordinary abilities in science and technologies.

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