The Road to Recovery : How and Why Economic Policy Must Change.

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Renowned economist Andrew Smithers offers prescriptive advice and economic theory on avoiding the next financial crisis In The Road to Recovery, Andrew Smithers-one of a handful of respected economists to have accurately predicted the most recent global financial crisis-argues that the neoclassical...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Smithers, Andrew
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Hoboken : Wiley, 2013.
Temas:
Economic policy.
Financial crises > Prevention.
Politique économique.
Economic policy
Financial crises > Prevention
Acceso en línea:Texto completo

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245 1 4 |a The Road to Recovery :  |b How and Why Economic Policy Must Change. 
260 |a Hoboken :  |b Wiley,  |c 2013. 
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505 0 |a Cover; Title page; Copyright page; Contents; Dedication; Foreword; 1: Introduction; 2: Why the Recovery Has Been So Weak; 3: Alternative Explanations for Today's Low Business Investment and High Profit Margins; 4: Forecasting Errors in the UK and the US; 5: Cyclical or Structural: The Key Issue for Policy; 6: The Particular Problem of Finance and Banking; 7: Japan Has a Similar Problem with a Different Cause; 8: The End of the Post-War Era; 9: Misinformation as a Barrier to Sound Policy Decisions; 10: Avoiding Future Financial Crises; 11: The Current High Level of Risk; 12: Inflation. 
505 8 |a 13: Prospects Not Forecasts14: Tackling the Bonus Culture; 15: The Need for Change in Economic Theory and the Resistance to It; 16: Summary and Conclusions; Appendix 1: Mean Reversion of US Profit Margins; Appendix 2: Goods' Output Requires Much More Capital Than Service Output; Bibliography; A Note on Data Sources; Acknowledgements; Index. 
520 |a Renowned economist Andrew Smithers offers prescriptive advice and economic theory on avoiding the next financial crisis In The Road to Recovery, Andrew Smithers-one of a handful of respected economists to have accurately predicted the most recent global financial crisis-argues that the neoclassical consensus governing global economic decision-making must be revised in order to avoid the next financial collapse. He argues that the current low interest rates and budget deficits have prevented the recession becoming a depression but that those policies cannot be continuously repeated and. 
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650 0 |a Financial crises  |x Prevention. 
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650 7 |a Financial crises  |x Prevention  |2 fast 
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776 0 8 |i Print version:  |a Smithers, Andrew.  |t Road to Recovery : How and Why Economic Policy Must Change.  |d Hoboken : Wiley, ©2013  |z 9781118515662 
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