000 03960cam a2200409 a 4500
001 15921284
005 20170601020011.0
007 Paper bound
008 090925s2010 enka b 001 0 eng
010 _a 2009937890
015 _aGBA997641
_2bnb
016 7 _a015386201
_2Uk
020 _a9781849803045
035 _a(OCoLC)ocn455824901
040 _aUKM
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042 _aukscp
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082 0 4 _a339
_222
_bMA-
245 0 0 _aMacroeconomic theory and its failings
_balternative perspectives on the global financial crisis
260 _aCheltenham
_bEdward Elgar
_c2010
300 _axiv,290p.
_bill. ;
_c25 cm.
504 _aIncludes bibliographical references and index.
505 0 _aThe ordinary economics of an extraordinary crisis / Peter J. Boettke and William J. Luther -- Did Bernanke's 'creditism' aggravate the financial crisis of 2008? / Tim Congdon -- Toward a new sustainable economy / Robert Costanza -- Looking at the crisis through Marx - or is it the other way about? / Ben Fine -- Incentive divergence and the global financial crisis / J. Patrick Gunning --The microeconomic foundations of macroeconomic disorder: an Austrian perspective on the Great Recession of 2008 / Steven Horwitz -- The crisis in economic theory: the dead end of Keynesian economics / Steven Kates -- The coming depression and the end of economic delusion / Steve Keen -- Reflections on the global financial crisis / J.E. King -- An Islamic economic perspective on the global financial crisis / Mervyn Lewis -- Bankers gone wild: the Crash of 2008 / Robert E. Prasch -- The governance of financial transactions / Martin Ricketts -- Excess debt and asset deflation / Jan Toporowski -- An institutionalist perspective on the global financial crisis / Charles J. Whalen -- Minsky, the global money-manager crisis, and the return of big government / L. Randall Wray.
520 1 _a"This innovative book focuses on the current global financial crisis and the inadequacies of the economic theories being used to guide policy. In so doing, it tackles the economic theories that have been used firstly to understand its causes and thereafter to contain the damage it has brought." "The contributors bring together different perspectives from across the entire spectrum of economic opinion to examine what is likely to be the single most important economic problem of our time. The unifying feature is that all of the authors disagree with the standard mainstream neo-classical models being applied in attempting to comprehend what has gone on and then, more importantly, to devise policies to bring this recession to an end. The problems that modern macroeconomics may have caused in being the basis for economic policy are addressed, and it is concluded that the deepening problems found in economies across the developed world are not due to governments having refused to take the advice of their economic advisors but are in many respects due to their actually having taken this advice." "Suggesting alternative ways of understanding how economies work so that other types of policies might be used instead, this book will prove a fascinating read not just for scholars and policy-makers concerned with our macroeconomic and financial problems but for anyone interested in deepening their understanding of our contemporary economic debate."--BOOK JACKET.
648 7 _aGeschichte 2008-2009.
_2swd
650 0 _aMacroeconomics.
650 0 _aGlobal Financial Crisis, 2008-2009.
650 0 7 _aFinanzkrise.
_2swd
650 0 7 _aMakroökonomie.
_2swd
650 0 7 _aTheorie.
_2swd
650 0 7 _aWeltwirtschaft.
_2swd
700 1 _aKates, Steven
_d1948-
906 _a7
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