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Money in a free society : Keynes, Friedman, and the new crisis in capitalism /

In the 15 years to mid-2007 the world economy enjoyed unparalleled stability (the so-called "Great Moderation"), with steady growth and low inflation. But the period since mid-2007 ("the Great Recession") has seen the worst macroeconomic turmoil since the 1930s. A dramatic plunge...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Congdon, Tim
Formato: Electrónico eBook
Idioma:Inglés
Publicado: New York : Encounter Books, 2011.
Edición:1st American ed.
Temas:
Acceso en línea:Texto completo
Descripción
Sumario:In the 15 years to mid-2007 the world economy enjoyed unparalleled stability (the so-called "Great Moderation"), with steady growth and low inflation. But the period since mid-2007 ("the Great Recession") has seen the worst macroeconomic turmoil since the 1930s. A dramatic plunge in trade, output and employment in late 2008 and 2009 has been followed by an unconvincing recovery. How is the lurch from stability to instability to be explained? What are the intellectual origins of the policy mistakes that led to the Great Recession? What theories motivated policies in the USA and other leading na
Descripción Física:1 online resource : illustrations
Bibliografía:Includes bibliographical references and index.
ISBN:9781594035449
159403544X