Post Keynesian Views Of The Crisis And Its Remedies
Download and Read Post Keynesian Views Of The Crisis And Its Remedies full books in PDF, ePUB, and Kindle. Read online free Post Keynesian Views Of The Crisis And Its Remedies ebook anywhere anytime directly on your device. We cannot guarantee that every ebooks is available!
Post-Keynesian Views of the Crisis and its Remedies
Author | : Óscar Dejuán |
Publisher | : Routledge |
Total Pages | : 337 |
Release | : 2013-08-21 |
Genre | : Business & Economics |
ISBN | : 1134052227 |
Download Post-Keynesian Views of the Crisis and its Remedies Book in PDF, Epub and Kindle
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.
Post-Keynesian Views of the Crisis and its Remedies Related Books
Pages: 337
Pages: 318
Pages: 354
Pages: 0
Pages: 430