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 The Expert Witness, Forensic Science, and the Criminal Justice Systems of the UK by
Cover of the book What Does Understanding Mathematics Mean for Teachers? by
Cover of the book Staging Blackness and Performing Whiteness in Eighteenth-Century German Drama by
Cover of the book Interaction Concepts of Personality by
Cover of the book Analysis and Integration of Behavioral Units by
Cover of the book The Northern Nilo-Hamites by
Cover of the book English Life and Manners in the Later Middle Ages (Routledge Revivals) by
Cover of the book Population Change in Europe, the Middle-East and North Africa by
Cover of the book Serene Urbanism by
Cover of the book Women in European Culture and Society by
Cover of the book Marital Rights by
Cover of the book Sasha Pechersky by
Cover of the book Vesper and Compline Music for One Principal Voice by
Cover of the book Nameless by
Cover of the book A History of Egypt from the End of the Neolithic Period to the Death of Cleopatra VII B.C. 30 (Routledge Revivals) 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