Post-Keynesian Views of the Crisis and its Remedies

Business & Finance, Finance & Investing, Banks & Banking, Economics, Economic History
Cover of the book Post-Keynesian Views of the Crisis and its Remedies by , Taylor and Francis
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: ISBN: 9781134052226
Publisher: Taylor and Francis Publication: August 21, 2013
Imprint: Routledge Language: English
Author:
ISBN: 9781134052226
Publisher: Taylor and Francis
Publication: August 21, 2013
Imprint: Routledge
Language: English

At the end of the 20th century, mainstream economics was based on theories which viewed capitalism as a self-regulating system, whereby crises come about due to external shocks and would be automatically corrected by the price mechanism if it was flexible enough. Post-Keynesian economists, however, consider that the business cycle and the crises are endogenously generated. They recommend active policies as a response, though the remedies may be worse than the illness if they are not applied at the right moment and in the right proportions.

The first great recession of the 21st century offers post-Keynesian economists an opportunity to prove the realism of their models. It is also a chance to make theoretical improvements, to abandon some hypotheses and to introduce new ones.

This book, from a top group of international economists, analyzes the causes, consequences and evolution of the crisis from a variety of post-Keynesian perspectives. It then presents a case for realistic and essential remedies. The book is both theoretical and applied, with a global reach and a particular focus on the European debt crisis.

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

At the end of the 20th century, mainstream economics was based on theories which viewed capitalism as a self-regulating system, whereby crises come about due to external shocks and would be automatically corrected by the price mechanism if it was flexible enough. Post-Keynesian economists, however, consider that the business cycle and the crises are endogenously generated. They recommend active policies as a response, though the remedies may be worse than the illness if they are not applied at the right moment and in the right proportions.

The first great recession of the 21st century offers post-Keynesian economists an opportunity to prove the realism of their models. It is also a chance to make theoretical improvements, to abandon some hypotheses and to introduce new ones.

This book, from a top group of international economists, analyzes the causes, consequences and evolution of the crisis from a variety of post-Keynesian perspectives. It then presents a case for realistic and essential remedies. The book is both theoretical and applied, with a global reach and a particular focus on the European debt crisis.

More books from Taylor and Francis

Cover of the book Videogames, Identity and Digital Subjectivity by
Cover of the book Modern Psychometrics by
Cover of the book Rethinking Education through Critical Psychology by
Cover of the book On Freud's Creative Writers and Day-dreaming by
Cover of the book Glocal Pharma (Open Access) by
Cover of the book Forensic Medicine in Western Society by
Cover of the book The PEERS® Curriculum for School Based Professionals by
Cover of the book Songs by Victor Mass (1822-1884), Including Chants Bretons (1853), and Songs by Georges Bizet (1838-1875), Including Feuilles d'Album (1867) by
Cover of the book Mathematics for Children with Severe and Profound Learning Difficulties by
Cover of the book Womanism, Literature, and the Transformation of the Black Community, 1965-1980 by
Cover of the book African Traditions in the Study of Religion in Africa by
Cover of the book Banking and Monetary Policies in a Changing Financial Environment by
Cover of the book The English Reformation 1530 - 1570 by
Cover of the book Philosophy of Social Science by
Cover of the book Terrorism, the Worker and the City by
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy