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|Material Type:||Document, Internet resource|
|Document Type:||Internet Resource, Computer File|
|All Authors / Contributors:||
Barry Z Cynamon; Steven Fazzari; Mark Setterfield; Robert Kuttner
|ISBN:||9781107015890 1107015898 9781139059589 1139059580|
|Contents:||Part I. Introduction and Overview: 1. Understanding the great recession Barry Z. Cynamon, Steven M. Fazzari and Mark Setterfield; 2. America's exhausted paradigm: macroeconomic causes of the financial crisis and great recession Thomas I. Palley; Part II. Emergence of Financial Instability: 3. Minsky's money manager capitalism: assessment and reform L. Randall Wray; 4. Trying to serve two masters: the dilemma of financial regulation Jan Kregel; 5. How bonus-driven 'rainmaker' financial firms enrich top employees, destroy shareholder value, and create systemic financial instability James Crotty; Part III. Household Spending and Debt: Source of Past Growth-Seeds of Recent Collapse: 6. The end of the consumer age Barry Z. Cynamon and Steven M. Fazzari; 7. Wages, demand and US macroeconomic travails: diagnosis and prognosis Mark Setterfield; Part IV. Global Dimensions of US Crisis: 8. Global imbalances and US trade in the great recession and its aftermath Robert Blecker; Part V. Economic Policy after the Great Recession: 9. Confronting the Kindleberger moment: credit, fiscal, and regulatory policy to avoid economic disaster Gerald Epstein; 10. Fiscal policy: the recent record and lessons for the future Dean Baker; 11. No need to panic about US government deficits Barry Z. Cynamon and Steven M. Fazzari; 12. Fiscal policy for the great recession and beyond Pavlina Tcherneva; Part VI. The Way Forward: 13. Demand, finance, and uncertainty beyond the great recession Barry Z. Cynamon, Steven M. Fazzari and Mark Setterfield.|
|Responsibility:||edited by Barry Z. Cynamon, Steven Fazzari, Mark Setterfield, Foreword by Robert Kuttner.|
'It has come as a shock to some that decades of relative economic stability could end with the calamity of the Great Recession and continued economic stagnation. Yet, many economists did see the
- Recessions -- United States -- History -- 21st century.
- Global Financial Crisis, 2008-2009.
- Unemployment -- Effect of inflation on -- United States -- History -- 21st century.
- Keynesian economics.
- BUSINESS & ECONOMICS -- Economics -- Theory.
- Unemployment -- Effect of inflation on.
- United States.