Paul Davidson challenges the thirty-year dominance of the free-market system over Keynesianism. He shows how the basic foundation of the Chicago School underlying Greenspan's policy decisions, as well as the likes of Friedman, Lucas, Scholes and Merton, led to errors that propelled America into the worst economic crisis since the Great Depression.
Paul Davidson challenges the thirty-year dominance of the free-market system over Keynesianism. He shows how the basic foundation of the Chicago School underlying Greenspan's policy decisions, as well as the likes of Friedman, Lucas, Scholes and Merton, led to errors that propelled America into the worst economic crisis since the Great Depression.
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Autorenporträt
Paul Davidson ist Makroökonom und einer der führenden amerikanischen Vertreter des Postkeynesianismus. Er lehrte unter anderem an der Rutgers University sowie der University of Tennessee in Knoxville. Er ist Mitbegründer und Herausgeber des Journal of Post Keynesian Economics.
Inhaltsangabe
The Power of Ideas to Affect Policy - Ideas and Policies That Created the Global Economic Crisis - Keynes's Revolutionary Ideas Regarding the Potential Instability of a Capitalist System - The Cost to the Global Economy in Forgetting Keynes - Policies for Resolving the Current Economic Crisis - International Ramifications b Reforming The World's Trade and Money-Payments System - The Need For Regulations of the Financial System and The Real Economy - The Goals of a Civilized Economic Society - -
The Power of Ideas to Affect Policy - Ideas and Policies That Created the Global Economic Crisis - Keynes's Revolutionary Ideas Regarding the Potential Instability of a Capitalist System - The Cost to the Global Economy in Forgetting Keynes - Policies for Resolving the Current Economic Crisis - International Ramifications b Reforming The World's Trade and Money-Payments System - The Need For Regulations of the Financial System and The Real Economy - The Goals of a Civilized Economic Society - -
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