Money in a Free Society
Keynes, Friedman, and the New Crisis in Capitalism
In the 15 years to mid-2007 the world economy enjoyed unparalleled stability (the so-called Great Moderation”), with steady growth and low inflation. But the period since mid-2007 (the Great Recession”) has seen the worst macroeconomic turmoil since the 1930s. A dramatic plunge in trade, output and employment in late 2008 and 2009 has been followed by an unconvincing recovery. How is the lurch from stability to instability to be explained? What are the intellectual origins of the policy mistakes that led to the Great Recession? What theories motivated policies in the USA and other leading nations? Which ideas about economic policy have proved…
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Produktdetails
- ISBN: 978-1-59403-544-9
- EAN: 9781594035449
- Produktnummer: 22220159
- Verlag: Encounter Books
- Sprache: Englisch
- Erscheinungsjahr: 2011
- Seitenangabe: 486 S.
- Plattform: EPUB
- Masse: 2'440 KB
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