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Macroeconomic theory and its failings : alternative perspectives on the global financial crisis

Author: Steven Kates
Publisher: Cheltenham, UK ; Northampton, Mass. : Edward Elgar Pub., ©2010.
Edition/Format:   Print book : EnglishView all editions and formats
Summary:
"This innovative book focuses on the current global financial crisis and the inadequacies of the economic theories being used to guide policy. In so doing, it tackles the economic theories that have been used firstly to understand its causes and thereafter to contain the damage it has brought." "The contributors bring together different perspectives from across the entire spectrum of economic opinion to examine what  Read more...
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Material Type: Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Steven Kates
ISBN: 9781848448193 1848448198 9781849803045 1849803048
OCLC Number: 455824901
Description: xiv, 290 pages : illustrations ; 25 cm
Contents: The ordinary economics of an extraordinary crisis / Peter J. Boettke and William J. Luther --
Did Bernanke's 'creditism' aggravate the financial crisis of 2008? / Tim Congdon --
Toward a new sustainable economy / Robert Costanza --
Looking at the crisis through Marx--or is it the other way about? / Ben Fine --
Incentive divergence and the global financial crisis / J. Patrick Gunning --
The microeconomic foundations of macroeconomic disorder: an Austrian perspective on the Great Recession of 2008 / Steven Horwitz --
The crisis in economic theory: the dead end of Keynesian economics / Steven Kates --
The coming depression and the end of economic delusion / Steve Keen --
Reflections on the global financial crisis / J.E. King --
An Islamic economic perspective on the global financial crisis / Mervyn Lewis --
Bankers gone wild: the Crash of 2008 / Robert E. Prasch --
The governance of financial transactions / Martin Ricketts --
Excess debt and asset deflation / Jan Toporowski --
An institutionalist perspective on the global financial crisis / Charles J. Whalen --
Minsky, the global money-manager crisis, and the return of big government / L. Randall Wray.
Responsibility: edited by Steven Kates.

Abstract:

This innovative book focuses on the current global financial crisis and the inadequacies of the economic theories being used to guide policy. In so doing, it tackles the economic theories that have  Read more...

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`This admirable and comprehensive collection should prove of interest to -- anyone seeking a deeper understanding of the financial crisis.' - Tyler Cowen, George Mason University, US `The Great Crash Read more...

 
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