Cover; Copyright; Contents; Figures and tables; Contributors; Acknowledgements; Introduction; 1. The ordinary economics of an extraordinary crisis; 3. Toward a new sustainable economy; 4. Looking at the crisis through Marx -- or is it the other way about?; 5. Incentive divergence and the global financial crisis; 6. The microeconomic foundations of macroeconomic disorder: an Austrian perspective on the Great Recession of 2008; 7. The crisis in economic theory: the dead end of Keynesian economics; 8. The coming depression and the end of economic delusion.
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SUMMARY OR ABSTRACT
Text of Note
Focuses on the global financial crisis and the inadequacies of the economic theories used to guide policy. This title tackles the economic theories that have been used to understand its causes and thereafter to contain the damage it has brought.
OTHER EDITION IN ANOTHER MEDIUM
Title
Macroeconomic theory and its failings.
International Standard Book Number
9781848448193
TOPICAL NAME USED AS SUBJECT
Global Financial Crisis, 2008-2009.
Macroeconomics.
BUSINESS & ECONOMICS-- Economics-- Macroeconomics.