WHY THE ECONOMISTS GOT IT WRONG from Anthem Press at the Book Checkout

WHY THE ECONOMISTS GOT IT WRONG
WHY THE ECONOMISTS GOT IT WRONG
Subtitle:
The Crisis and Its Cultural Roots
Book Category:
Business & Economics > General
Author:
Alessandro Roncaglia
Binding:
Paperback
ISBN 10:
0-857289624
ISBN 13:
9780857289629
Price:
12.99
Publication Year:
2010

Publisher Info

Anthem Press.

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Book Description

Why the Economists Got It Wrong' illustrates the origins and development of the financial crisis, tracing its cultural origins in mainstream views which favoured financial liberalization policies. These views are contrasted with those of Keynes and Keynesian economists such as Minsky. Thus, among other things, Keynes's ideas on uncertainty and Minsky's ideas on financial fragility are taken up. The book points to an interpretation of economic events where uncertainty plays a central role, the dichotomy between real and monetary variables is rejected, and elements from the Classical approach are revived. This implies drastic changes in economic policy recipes, and particularly at economic policies aimed at building institutional and regulatory structures in order to counter financial fragility.

 

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