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Capitalism, Macroeconomics and Reality: Understanding Globalization, Financialization, Competition and Crisis - Brossura
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This wide-ranging set of papers deals with crucial questions in economic theory, economic policy and economic history. The papers help explain why economic performance deteriorated dramatically in the West over the past three decades as the ''Golden Age'' of capitalism after World War II was replaced by global neoliberal capitalism. They show that theoretical frameworks rooted in the radical and heterodox traditions can explain this evolution and the current global economic and financial crisis, something mainstream theories cannot do.
Topics include but are not limited to:
- methodology: a critique of ''positivism'' is used to explain why mainstream reliance on fairy-tale assumptions should be replaced by realistic assumption sets as argued by Marx and Keynes
- Marx, Keynes and Minsky on financial market instability versus mainstream theories of ''efficient'' financial markets
- how Keynes's assumption that the future is unknowable revolutionized not only macro theory but the micro theory of agent choice as well
- structural causes of the current global financial crisis
- how innovative theories of competition, globalization, capital investment and financialization inspired by Marx, Keynes and Schumpeter can be used to explain the crisis tendencies of neoliberal capitalism
- the influence of class conflict on economic policy, including in the current ''austerity'' regimes.
The papers in this book should be of interest to most economists and can be used in both graduate and upper level undergraduate courses. Many of these papers are accessible to anyone who reads the business press.
Le informazioni nella sezione "Riassunto" possono far riferimento a edizioni diverse di questo titolo.
Informazioni sull?autore
James Crotty, Emeritus Professor of Economics and Sheridan Scholar, Political Economy Research Institute, University of Massachusetts, Amherst, US
Le informazioni nella sezione "Su questo libro" possono far riferimento a edizioni diverse di questo titolo.
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Capitalism, Macroeconomics and Reality: Understanding Globalization, Financialization, Competition and Crisis
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Capitalism, Macroeconomics and Reality: Understanding Globalization, Financialization, Competition and Crisis
Editore:
Edward Elgar Publishing, 2019
ISBN 10: 183910080X
ISBN 13: 9781839100802
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Da: Bay State Book Company, North Smithfield, RI, U.S.A.
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Condizione: good. The book is in good condition with all pages and cover intact, including the dust jacket if originally issued. The spine may show light wear. Pages may contain some notes or highlighting, and there might be a "From the library of" label. Boxed set packaging, shrink wrap, or included media like CDs may be missing. Codice articolo BSM.Q6FU
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Capitalism, Macroeconomics and Reality: Understanding Globalization, Financialization, Competition and Crisis
Editore:
Edward Elgar Publishing, 2019
ISBN 10: 183910080X
ISBN 13: 9781839100802
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Condizione: good. The book is in good condition with all pages and cover intact, including the dust jacket if originally issued. The spine may show light wear. Pages may contain some notes or highlighting, and there might be a "From the library of" label. Boxed set packaging, shrink wrap, or included media like CDs may be missing. Codice articolo BSM.Q6EB
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Capitalism, Macroeconomics and Reality: Understanding Globalization, Financialization, Competition and Crisis
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Paperback. Condizione: New. This wide-ranging set of papers deals with crucial questions in economic theory, economic policy and economic history. The papers help explain why economic performance deteriorated dramatically in the West over the past three decades as the ''Golden Age'' of capitalism after World War II was replaced by global neoliberal capitalism. They show that theoretical frameworks rooted in the radical and heterodox traditions can explain this evolution and the current global economic and financial crisis, something mainstream theories cannot do. Topics include but are not limited to:methodology: a critique of ''positivism'' is used to explain why mainstream reliance on fairy-tale assumptions should be replaced by realistic assumption sets as argued by Marx and KeynesMarx, Keynes and Minsky on financial market instability versus mainstream theories of ''efficient'' financial marketshow Keynes's assumption that the future is unknowable revolutionized not only macro theory but the micro theory of agent choice as well structural causes of the current global financial crisishow innovative theories of competition, globalization, capital investment and financialization inspired by Marx, Keynes and Schumpeter can be used to explain the crisis tendencies of neoliberal capitalismthe influence of class conflict on economic policy, including in the current ''austerity'' regimes. The papers in this book should be of interest to most economists and can be used in both graduate and upper level undergraduate courses. Many of these papers are accessible to anyone who reads the business press. Codice articolo LU-9781839100802
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Capitalism, Macroeconomics and Reality: Understanding Globalization, Financialization, Competition and Crisis
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Edward Elgar Publishing Ltd, 2019
ISBN 10: 183910080X
ISBN 13: 9781839100802
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