Post-Keynesian Views of the Crisis and its Remedies (Routledge Critical Studies in Finance and Stability)
Language: English
Published by Routledge 2015-03-04, 2015
Series: Book 4 of 28 - Routledge Critical Studies in Finance and Stability
- Softcover
- New
Seller: Chiron Media, Wallingford, United KingdomChiron Media
AbeBooks seller since August 2, 2010
Condition: New
£ 37.34
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- Title
- Post-Keynesian Views of the Crisis and its Remedies (Routledge Critical Studies in Finance and Stability)
- Author
- Oscar Dejuan, Eladio Febrero Panos, Jorge Gonzalez Uxo
- Publisher
- Routledge 2015-03-04
- Publication year
- 2015
- Condition
- New
- Binding
- Paperback
- Language
- English
- ISBN 10
- 1138902063
- ISBN 13
- 9781138902060
- Series
- Book 4 of 28: Routledge Critical Studies in Finance and Stability
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.
"Synopsis" may belong to another edition of this title.
About the Author
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
"About the title" may belong to another edition of this title.
Chiron Media
Wallingford, United Kingdom
AbeBooks seller since August 2, 2010
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