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New Paradigms in Financial Economics : How Would Keynes Reconstruct Economics?.

The recent global financial crisis has made the inadequacies of the scientific state of economics and finance glaringly obvious, as these disciplines gave the false reassurance that such a self-destructive phenomenon could not happen. A similar phenomenon arose in the 1930's, when the pitfalls...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Falahati, Kazem
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Hoboken : Taylor and Francis, 2012.
Colección:Routledge international studies in money and banking.
Temas:
Acceso en línea:Texto completo

MARC

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245 1 0 |a New Paradigms in Financial Economics :  |b How Would Keynes Reconstruct Economics?. 
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520 |a The recent global financial crisis has made the inadequacies of the scientific state of economics and finance glaringly obvious, as these disciplines gave the false reassurance that such a self-destructive phenomenon could not happen. A similar phenomenon arose in the 1930's, when the pitfalls of the dominant economic theories were sharply exposed. Since then, the same analytical framework, in its new versions, has revealed a huge number of other empirical and experimental failures. On the other hand, the founders of the currently dominant theories in economics and finance (i. 
504 |a Includes bibliographical references and index. 
505 0 |a Preface -- Introduction -- Irrational foundations of "rational" behaviour in the standard paradigm -- Contradictions of the Marxian paradigm -- The new paradigm -- Resolution of theoretical and experimental puzzles -- Resolution of empirical puzzles in corporate finance -- Resolution of puzzles in macroeconomics -- Economic role of the state -- The recent global financial crisis -- Conclusion, policy and research recommendations -- Appendices: a critique of existing literature. 
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