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        <title>When First Principles Fail</title>
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        <description>When First Principles Fail

 --- Preface of the book Macroeconomics Has No Clothes

Economists continuously pursue new ideas and have achieved considerable success---yet few pause to ask whether the foundations beneath them are truly solid. In my view, they are not.

Demand has two dimensions: willingness and ability to pay. Willingness without ability is mere desire — and desire is boundless. The substance of demand, therefore, lies entirely in the ability to pay.</description>
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        <title>Audio Course on Ximalaya - [Audio Course on Ximalaya] </title>
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        <description>Audio Course on Ximalaya

Professor Xie Zuoshi launched a complete microeconomics course on Ximalaya platform. This course had with 5140 subscribers and been played for over 918,000 times before it was censored.
This course received overwhelming praise. The following two screenshots only show a glimpse of it.</description>
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        <description>Macroeconomics Has No Clothes is a book offering a clear, comprehensive, and accessible framework for understanding money, inflation, exchange rates, financial crises, inequality, and the economic force shaping the modern world.</description>
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        <title>Xie Zuoshi - [The Departure] </title>
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        <description>Xie Zuoshi

Xie Zuoshi (/ʃɪə zuəs/, rhymes with Sheer Zeus) is a staunch defender of free markets who has spent his career bringing economics back to common sense — accessible to ordinary people without sacrificing intellectual rigor. He is also candid about his own contradictions: before forty, he supported welfarism, the position he now sees as corrosive to property rights. That willingness to follow an argument wherever it leads is perhaps the best introduction to the man.</description>
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        <title>The Road to Truth - [Xie&#039;s Works] </title>
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        <description>The Road to Truth

[The Road to Truth]An independent economist, Xie Zuoshi (/ʃɪə zuəs/ rhymes with Sheer Zeus), rebuilds the foundation of economics. On that foundation, his new treatise of macroeconomics (translated) shows that the restored microeconomics subsume the macroeconomics. 

Rooted in the conviction that 95% of economics is simply well-organized common sense, his theory framework presents most of its core ideas in language accessible to high school students. Yet its insights are profo…</description>
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        <title>Xie&#039;s Works - [Microeconomics] </title>
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        <description>Xie&#039;s Works

Professor Xie publishes prolifically in Chinese. Two of his most significant works are A New Treatise of Macroeconomics and The Road to Truth: Rebuilding the Foundation of Economics, which focus on macroeconomics and microeconomics respectively.</description>
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        <title>Bringing Macroeconomics Back to Common Sense - [Bringing Macroeconomics Back to Common Sense] </title>
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        <description>Bringing Macroeconomics Back to Common Sense

	&quot;A Review of Professor Xie Zuoshi’s A New Treatise on Macroeconomics&quot;

 --- by  on 1 December 2021

It has been some time since Professor Xie Zuoshi sent me his new book, A New Treatise on Macroeconomics. I have read it carefully once and often reflect on his views while taking walks. Having given some of the book’s ideas careful thought on several occasions, the time has come to write a review.</description>
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        <title>让宏观经济学重新回归常识</title>
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        <description>让宏观经济学重新回归常识

	&quot; ---评谢作诗教授的《宏观经济学新论》&quot;

 --- 俞炜华教授 2021年12月 发表于公众号:鱼眼看经济

距离谢作诗教授寄给我他的新作《宏观经济学新论》已经有一段时间了，我也已经认真阅读了一次，并时常在散步时回品谢作诗教授的观点，对该书一些观点已经深思过几次，是到了写书评的时候了。</description>
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        <title>About Us</title>
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        <description>About Us

The way you view the world shapes the world you see.

Sheer Economics exists to offer a concise yet powerful framework for understanding the forces that shape our lives.

Economics, at its best, should provide such a framework. It should help us make sense of markets, policies, and human behavior, and enable us to make better decisions. Yet much of mainstream economics is filled with inconsistent principles and convoluted models that often mislead.</description>
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        <title>Tables of Contents</title>
        <link>https://sheereconomics.com/books/macroeconomics-has-no-clothes/toc?rev=1779933209&amp;do=diff</link>
        <description>Tables of Contents

 --- Macroeconomics Has No Clothes


Foreword

A Fresh Eye On Economics, Guided By Innate Curiosity

Preface

When First Principles Fail

Contents

Chapter 1. National Income Accounting

	*  1.1 Why Measure Total Output by Value
	*  1.2 The Strict Definition of GDP and Its Measurement</description>
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        <title>Articles - [Articles] </title>
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        <description>Articles

Professor Xie has published hundreds of essays over many years. Some have been collected in his books: Trade, an Alternative to War, Every Man a Capitalist, and No Such Thing as Market Failure. Many were published online. After his silence, more of those online articles are gone over time. More translations will follow. Each translated article will link to the original Chinese text upon publication.</description>
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