The Leaderless Economy

Why the World Economic System Fell Apart and How to Fix It

Business & Finance, Economics, International Economics
Cover of the book The Leaderless Economy by Peter Temin, David Vines, Princeton University Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Peter Temin, David Vines ISBN: 9781400846641
Publisher: Princeton University Press Publication: January 20, 2013
Imprint: Princeton University Press Language: English
Author: Peter Temin, David Vines
ISBN: 9781400846641
Publisher: Princeton University Press
Publication: January 20, 2013
Imprint: Princeton University Press
Language: English

The Leaderless Economy reveals why international financial cooperation is the only solution to today's global economic crisis. In this timely and important book, Peter Temin and David Vines argue that our current predicament is a catastrophe rivaled only by the Great Depression. Taking an in-depth look at the history of both, they explain what went wrong and why, and demonstrate why international leadership is needed to restore prosperity and prevent future crises.

Temin and Vines argue that the financial collapse of the 1930s was an "end-of-regime crisis" in which the economic leader of the nineteenth century, Great Britain, found itself unable to stem international panic as countries abandoned the gold standard. They trace how John Maynard Keynes struggled for years to identify the causes of the Great Depression, and draw valuable lessons from his intellectual journey. Today we are in the midst of a similar crisis, one in which the regime that led the world economy in the twentieth century--that of the United States--is ending. Temin and Vines show how America emerged from World War II as an economic and military powerhouse, but how deregulation and a lax attitude toward international monetary flows left the nation incapable of reining in an overleveraged financial sector and powerless to contain the 2008 financial panic. Fixed exchange rates in Europe and Asia have exacerbated the problem.

The Leaderless Economy provides a blueprint for how renewed international leadership can bring today's industrial nations back into financial balance--domestically and between each other.

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

The Leaderless Economy reveals why international financial cooperation is the only solution to today's global economic crisis. In this timely and important book, Peter Temin and David Vines argue that our current predicament is a catastrophe rivaled only by the Great Depression. Taking an in-depth look at the history of both, they explain what went wrong and why, and demonstrate why international leadership is needed to restore prosperity and prevent future crises.

Temin and Vines argue that the financial collapse of the 1930s was an "end-of-regime crisis" in which the economic leader of the nineteenth century, Great Britain, found itself unable to stem international panic as countries abandoned the gold standard. They trace how John Maynard Keynes struggled for years to identify the causes of the Great Depression, and draw valuable lessons from his intellectual journey. Today we are in the midst of a similar crisis, one in which the regime that led the world economy in the twentieth century--that of the United States--is ending. Temin and Vines show how America emerged from World War II as an economic and military powerhouse, but how deregulation and a lax attitude toward international monetary flows left the nation incapable of reining in an overleveraged financial sector and powerless to contain the 2008 financial panic. Fixed exchange rates in Europe and Asia have exacerbated the problem.

The Leaderless Economy provides a blueprint for how renewed international leadership can bring today's industrial nations back into financial balance--domestically and between each other.

More books from Princeton University Press

Cover of the book Marx's Inferno by Peter Temin, David Vines
Cover of the book Welfare and Rational Care by Peter Temin, David Vines
Cover of the book How to Keep Your Cool by Peter Temin, David Vines
Cover of the book Rhetoric and Reality in Air Warfare by Peter Temin, David Vines
Cover of the book Economics in Two Lessons by Peter Temin, David Vines
Cover of the book How to Build a Habitable Planet by Peter Temin, David Vines
Cover of the book Devil in the Mountain by Peter Temin, David Vines
Cover of the book The Real Planet of the Apes by Peter Temin, David Vines
Cover of the book The Children of Abraham by Peter Temin, David Vines
Cover of the book Handbook of Capture-Recapture Analysis by Peter Temin, David Vines
Cover of the book Paradoxes of Liberal Democracy by Peter Temin, David Vines
Cover of the book Historical Dynamics by Peter Temin, David Vines
Cover of the book The Concept of Presocratic Philosophy by Peter Temin, David Vines
Cover of the book The Plum in the Golden Vase or, Chin P'ing Mei by Peter Temin, David Vines
Cover of the book The Oil Curse by Peter Temin, David Vines
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