Post Keynesian Theory and Policy

A Realistic Analysis of the Market Oriented Capitalist Economy

Business & Finance, Economics, Macroeconomics, Theory of Economics
Cover of the book Post Keynesian Theory and Policy by Paul Davidson, Edward Elgar Publishing
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Author: Paul Davidson ISBN: 9781784718251
Publisher: Edward Elgar Publishing Publication: August 28, 2015
Imprint: Language: English
Author: Paul Davidson
ISBN: 9781784718251
Publisher: Edward Elgar Publishing
Publication: August 28, 2015
Imprint:
Language: English

How did economic “experts” worldwide fail to predict the financial crisis of 2007-2008? Eminent economist Paul Davidson discusses how mainstream economic theory may not be applicable to the world of experience. Post Keynesian theory is designed to be applicable to the real world, and this book demonstrates how applying it to policy formulation could help practically resolve economic problems. Davidson goes on to demonstrate how many Post Keynesian economists warned of the impending financial crisis as early as 2002.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

How did economic “experts” worldwide fail to predict the financial crisis of 2007-2008? Eminent economist Paul Davidson discusses how mainstream economic theory may not be applicable to the world of experience. Post Keynesian theory is designed to be applicable to the real world, and this book demonstrates how applying it to policy formulation could help practically resolve economic problems. Davidson goes on to demonstrate how many Post Keynesian economists warned of the impending financial crisis as early as 2002.

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