Post-Keynesian Views of the Crisis and its Remedies - Couverture souple

Couverture souple

ISBN 10 : 1138902063 ISBN 13 : 9781138902060

Editeur : Routledge, 2015

Synopsis

At the end of the 20^th 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 21^st 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.

A propos du livre

À propos de l'auteur

Óscar Dejuán is Professor of Economics and Head of the Department of Economics and Finance at University of Castilla-La Mancha, Spain

Eladio Febrero is a lecturer at University of Castilla-La Mancha, Spain

Jorge Uxó is a lecturer at University of Castilla-La Mancha, Spain

Détails de l'édition

• Éditeur: Routledge
• Date d'édition: 2015
• Langue: anglais
• ISBN 10: 1138902063
• ISBN 13: 9781138902060
• Reliure: Broché
• Nombre de pages: 320
• Éditeur: Dejuán Óscar
• Coordonnées du fabricant: non disponible
• Personne responsable: gpsr@libri.de; gpsr@libri.de; ; Europaallee 1; Bad Hersfeld; 36244; Allemagne