Giancarlo Bertocco: 1 book

Book cover of Crisis and the Failure of Economic Theory

Crisis and the Failure of Economic Theory

The Responsibility of Economists for the Great Recession

by Giancarlo Bertocco
Language: English
Release Date: March 31, 2017

Economists have rightly been criticized for not having foreseen the crisis that exploded in 20072008. As Giancarlo Bertocco eloquently argues, responsibility does indeed rest heavily on their shoulders. By developing a theory which excluded the possibility that a catastrophic crisis could ever happen,...
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