Crisis and the Failure of Economic Theory

This book PDF is perfect for those who love Electronic Books genre, written by Giancarlo Bertocco and published by Edward Elgar Publishing which was released on 14 March 2017 with total hardcover pages 256. You could read this book directly on your devices with pdf, epub and kindle format, check detail and related Crisis and the Failure of Economic Theory books below.

Crisis and the Failure of Economic Theory
Crisis and the Failure of Economic Theory
Author : Giancarlo Bertocco
File Size : 53,9 Mb
Publisher : Edward Elgar Publishing
Language : English
Release Date : 14 March 2017
ISBN : 9781785365355
Pages : 256 pages
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Crisis and the Failure of Economic Theory by Giancarlo Bertocco Book PDF Summary

Economists have rightly been criticized for not having foreseen the crisis that exploded in 2007–2008. As Giancarlo Bertocco eloquently argues, responsibility does indeed rest heavily on their shoulders. By developing a theory which excluded the possibility that a catastrophic crisis could ever happen, the economics profession has justified decisions and behaviours that caused the Great Recession. This book presents an alternative theoretical approach built on the lessons of Marx, Keynes, Schumpeter, Kalecki, Kaldor and Minsky, which highlights the structural instability of a capitalist economy and the endogenous nature of the current crisis.

Crisis and the Failure of Economic Theory

Crisis and the Failure of Economic Theory by Giancarlo Bertocco

Economists have rightly been criticized for not having foreseen the crisis that exploded in 2007–2008. As Giancarlo Bertocco eloquently argues, responsibility does indeed rest heavily on their shoulders. By developing a theory which excluded the possibility that a catastrophic crisis could ever happen, the economics profession has justified decisions and behaviours

Get Book
Financial Crisis and the Failure of Economic Theory

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ÔThis book advances the re-unification of the Institutionalist and Keynesian traditions, now unstoppable, which when last combined eighty years ago proved the power of progressive and pragmatic thought. Let the spirit of Keynes and Commons inspire our new era Ð and perhaps this time a coherent, enduring and useful academic economics

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