HES: Re: QUERY--First Macro Textbook to use IS-LM?

Nicholas J. Theocarakis ntheocar at econ.uoa.gr
Fri Mar 16 09:46:02 EDT 2007


Kevin Hoover is, of course, correct.   Meade was first and Hansen & 
Samuelson's textbooks were both pathbreaking - as textbooks go - and very 
popular.  Indeed, in Greece in the 70s Ackley, Hansen and Samuelson were 
translated into Greek, while Branson was not.  The reason I have mentioned 
Branson's textbook was that is was totally structured around the IS-LM 
concept.  All chapters on the monetary or the real sector ended up in such a 
way that they would be analytically incorporated in the IS-LM model.

Nicholas J. Theocarakis


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