Background
Glahe, Fred Rufus was born on June 30, 1934 in Chicago, Illinois, United States. Son of Frederick William and Frances Evelyn (Welch) Glahe.
(Bring the study of economics to life with PRINCIPLES OF M...)
Bring the study of economics to life with PRINCIPLES OF MACROECONOMICS, 7TH EDITION. Award-winning educator and author Fred Gottheil speaks directly to student experience through a conversational writing style and narrative that uses stories, familiar examples, engaging scenarios, and relevant examples from literature emphasizing that economic principles can be found in all aspects of modern life. The text focuses on the key questions and presents the basic concepts-developing economic analysis step-by-step. The result is a more interactive and enjoyable learning experience when compared to the pedantic approaches often found in texts. Each chapter in the seventh edition has been thoroughly revised to reflect the most relevant data and critical issues, such as how the rash of foreclosures that continues to plague our economy today is related to the repeal of the 1933 Glass-Steagall Act in 1999, as well as emerging issues such as the current research on the Economics of Happiness and its integration into utility analysis. The Keynesian concept of the liquidity trap is new to the text and is added to help explain the factors that undermine the effectiveness of current monetary policy. We invite you to see for yourself how Fred Gottheil's approach will help to shorten the distance between students and the exciting study of economics.
http://www.amazon.com/gp/product/1285064437/?tag=2022091-20
Glahe, Fred Rufus was born on June 30, 1934 in Chicago, Illinois, United States. Son of Frederick William and Frances Evelyn (Welch) Glahe.
Bachelor of Science in Aeronautical Engineering, Purdue University, 1957. Master of Science in Economics, Purdue University, 1963. Doctor of Philosophy in Economics, Purdue University, 1964.
Aeronautical Engineer, Allison Division, General Motors Corporation, Indianapolis, 1957-1961. Instructor, Purdue University, W. Lafayette, Idaho, 1962^4. Visiting Professor, Ohio State University, Columbus,
1964-1965.
Senior Research Economics, Battelle Memorial Institute, Institution, Columbus, Ohio, 1964-1965. Assistant Professor, Association Professor of Economics, University Colorado, 1965-1968, 1968-1973. Professor of Economics, University Colorado, Boulder, Colorado, United States of America, since 1973.
Board Advisers, Austrian Economics.
(Bring the study of economics to life with PRINCIPLES OF M...)
Early work was in the survivability of mobile ballistic missile systems. In the 1960s my research centred on the foreign exchange market with special reference to the stability of market equilibrium in flexible exchange rate systems. This work led to a monograph.
I next became interested in the bias introduced into least squares estimators when small sample sizes are employed or when the error term is not normally distributed and this led to my papers dealing with the robustness of least absolute estimators.
The monetarist counter-revolution of the 1960s and 70s led to my critical examination of the foundations of the theoretical works of Keynes, Tobin and Friedman. This work has been
synthesised in my advanced text, Macroeconomics: Theory and Policy, which is currently being prepared for its third edition. Recently I have become interested in the revival of the Austrian school of economics and the philosophy of science.
The former results from a growing dissatisfaction with the neoclassical paradigm and the latter is the outgrowth of a general interest in the theory of knowledge and its metaphysical implications.
Member Mount Pelerin Society.
Married Nancy Suzzanna Behrent, June 24, 1961. 1 child, Charles Dixon.