Cargando…
Hubris : why economists failed to predict the crisis and how to avoid the next one /
The failure of economists to anticipate the global financial crisis and mitigate the impact of the ensuing recession has spurred a public outcry. Economists are under fire, but questions concerning exactly how to redeem the discipline remain unanswered. In this provocative book, renowned economist M...
| Clasificación: | Libro Electrónico |
|---|---|
| Autor principal: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
New Haven [Connecticut] :
Yale University Press,
[2015]
|
| Temas: | |
| Acceso en línea: | Texto completo |
Tabla de Contenidos:
- Cover page; Halftitle page; Title page; Copyright page; CONTENTS; FIGURES; PREFACE; ACKNOWLEDGEMENTS; INTRODUCTION Unraveling the Threads; What Happened?; Why Was It Not Anticipated?; An Economic Crisis or a Crisis of Economics?; The Role of Globalization; Where to Next?; PART ONE; Chapter One THE BUILDING BLOCKS; Determining the Wealth of Nations; The "Principle of Motion"; The Certainties of David Ricardo; Had the Bank Issued Excess Currency?; A Dismal Science?; Mathematics of the Markets; Chapter Two CYCLES FOR THE CURIOUS; Where Do Cycles Come From?; A Revolution in Thinking.
- The Trouble MakerCreative Destruction; The Long and Short; Chapter Three NEW TOOLS FOR A NEW PROFESSION; Alfred Marshall and the Professionalization of Economics; The Quantity Theory of Money; The Messenger of Market Failure; The Great War and the End of the Steadily Growing Economy; The Great Depression; The False Dawn; A New Toolbox for Economists; The Riddle of Income Growth; Riding the Waves with Eugen Slutsky; The Rocking Horse of Ragnar Frisch; PART TWO; Chapter Four CAUSING A STIR; The Keynesian Revolution; The Model; Keynes's Argument; Rejectionists Fight Back; The Crippling Embrace.
- The Policy Legacy of KeynesThe Highpoint of Keynesian Triumph; But Was It Really All Due to Keynes?; Renewal of Attack on Keynesian Economics; Keynesian Economics in Action; The Specter of Inflation; Chapter Five DECLINING FORTUNES; The Oil Shock; Stagflation and the Return of Unorthodox Economics; New Classical Economics; The Indeterminacy of Econometric Models; The New Classical Model; PART THREE; Chapter Six THE NEW GLOBALIZATION; The Long Boom; The Asian Crisis of 1997; The Rise and Collapse of the Great Moderation; Can Capital Be Fairly Valued?; Recession and the Prospect of Recovery.
- The Crisis in the EurozoneChapter Seven THE SEARCH FOR AN ANSWER; The Importance of the Long Perspective; Is the Future Bleak?; NOTES; BIBLIOGRAPHY; INDEX.