ISBN 10: 0674725654 / ISBN 13: 9780674725652
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Brand New, Unread Copy in Perfect Condition. A+ Customer Service! Summary: The collapse that began in 2008 continues to burden the world economy. David Kotz, one of the few academic economists to predict it, argues that the ongoing crisis is not simply the aftermath of financial panic and severe recession but is a structural crisis of neoliberal capitalism whose resolution will require major institutional restructuring. Codice inventario libreria

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The financial and economic collapse that began in the United States in 2008 and spread to the rest of the world continues to burden the global economy. David Kotz, who was one of the few academic economists to predict it, argues that the ongoing economic crisis is not simply the aftermath of financial panic and an unusually severe recession but instead is a structural crisis of neoliberal, or free-market, capitalism. Consequently, continuing stagnation cannot be resolved by policy measures alone. It requires major institutional restructuring.

Kotz analyzes the reasons for the rise of free-market ideas, policies, and institutions beginning around 1980. He shows how the neoliberal capitalism that resulted was able to produce a series of long although tepid economic expansions, punctuated by relatively brief recessions, as well as a low rate of inflation. This created the impression of a “Great Moderation.” However, the very same factors that promoted long expansions and low inflation―growing inequality, an increasingly risk-seeking financial sector, and a series of large asset bubbles―were not only objectionable in themselves but also put the economy on an unsustainable trajectory. Kotz interprets the current push for austerity as an attempt to deepen and preserve neoliberal capitalism. However, both economic theory and history suggest that neither austerity measures nor other policy adjustments can bring another period of stable economic expansion. Kotz considers several possible directions of economic restructuring, concluding that significant economic change is likely in the years ahead.

About the Author: David M. Kotz is Professor of Economics at the University of Massachusetts, Amherst, and Distinguished Professor, School of Economics, Shanghai University of Finance and Economics.

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ISBN 10: 0674725654 ISBN 13: 9780674725652
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Descrizione libro Condizione libro: Acceptable. An acceptable and readable copy. All pages are intact, and the spine and cover are also intact. The dust jacket has minor damage or small tear. Codice libro della libreria 467EJY000GN5

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Kotz, David M.
Editore: Harvard University Press (2015)
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Descrizione libro Harvard University Press, 2015. Hardcover. Condizione libro: Near Fine. Interior clean and bright with tight binding. Nice dust jacket, no tears or chips. Codice libro della libreria 1707200144

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Descrizione libro Harvard University Press. Condizione libro: Good. 1st. Used books are NOT guaranteed to contain components and/or supplements such as: Access Codes or working CD's/DVD's! Ships fast! Expedited shipping 2-4 business days; Standard shipping 7-14 business days. Ships from USA!. Codice libro della libreria BER-050-711

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Descrizione libro Harvard University Press, 2015. HRD. Condizione libro: New. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Codice libro della libreria WH-9780674725652

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Descrizione libro HARVARD UNIVERSITY PRESS, United States, 2015. Hardback. Condizione libro: New. Language: English . Brand New Book. The financial and economic collapse that began in the United States in 2008 and spread to the rest of the world continues to burden the global economy. David Kotz, who was one of the few academic economists to predict it, argues that the ongoing economic crisis is not simply the aftermath of financial panic and an unusually severe recession but instead is a structural crisis of neoliberal, or free-market, capitalism. Consequently, continuing stagnation cannot be resolved by policy measures alone. It requires major institutional restructuring.Kotz analyzes the reasons for the rise of free-market ideas, policies, and institutions beginning around 1980. He shows how the neoliberal capitalism that resulted was able to produce a series of long although tepid economic expansions, punctuated by relatively brief recessions, as well as a low rate of inflation. This created the impression of a Great Moderation. However, the very same factors that promoted long expansions and low inflation--growing inequality, an increasingly risk-seeking financial sector, and a series of large asset bubbles--were not only objectionable in themselves but also put the economy on an unsustainable trajectory. Kotz interprets the current push for austerity as an attempt to deepen and preserve neoliberal capitalism. However, both economic theory and history suggest that neither austerity measures nor other policy adjustments can bring another period of stable economic expansion. Kotz considers several possible directions of economic restructuring, concluding that significant economic change is likely in the years ahead. Codice libro della libreria AAU9780674725652

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ISBN 10: 0674725654 ISBN 13: 9780674725652
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Descrizione libro Harvard University Press 2015-02-03, Cambridge, Massachusetts, 2015. hardback. Condizione libro: New. Codice libro della libreria 9780674725652

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David M. Kotz
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Descrizione libro HARVARD UNIVERSITY PRESS, United States, 2015. Hardback. Condizione libro: New. Language: English . Brand New Book. The financial and economic collapse that began in the United States in 2008 and spread to the rest of the world continues to burden the global economy. David Kotz, who was one of the few academic economists to predict it, argues that the ongoing economic crisis is not simply the aftermath of financial panic and an unusually severe recession but instead is a structural crisis of neoliberal, or free-market, capitalism. Consequently, continuing stagnation cannot be resolved by policy measures alone. It requires major institutional restructuring.Kotz analyzes the reasons for the rise of free-market ideas, policies, and institutions beginning around 1980. He shows how the neoliberal capitalism that resulted was able to produce a series of long although tepid economic expansions, punctuated by relatively brief recessions, as well as a low rate of inflation. This created the impression of a Great Moderation. However, the very same factors that promoted long expansions and low inflation--growing inequality, an increasingly risk-seeking financial sector, and a series of large asset bubbles--were not only objectionable in themselves but also put the economy on an unsustainable trajectory. Kotz interprets the current push for austerity as an attempt to deepen and preserve neoliberal capitalism. However, both economic theory and history suggest that neither austerity measures nor other policy adjustments can bring another period of stable economic expansion. Kotz considers several possible directions of economic restructuring, concluding that significant economic change is likely in the years ahead. Codice libro della libreria AAU9780674725652

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Descrizione libro Harvard University Press, 2015. Condizione libro: New. book. Codice libro della libreria ria9780674725652_rkm

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Descrizione libro Harvard University Press, 2015. Condizione libro: New. The collapse that began in 2008 continues to burden the world economy. David Kotz, one of the few academic economists to predict it, argues that the ongoing crisis is not simply the aftermath of financial panic and severe recession but is a structural crisis of neoliberal capitalism whose resolution will require major institutional restructuring. Num Pages: 280 pages, illustrations. BIC Classification: JPQB; KCB; KCP. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly. Dimension: 246 x 163 x 27. Weight in Grams: 548. . 2015. 1st. Hardcover. . . . . . Codice libro della libreria V9780674725652

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Descrizione libro Harvard Univ Pr, 2015. HRD. Condizione libro: New. New Book. Shipped from US within 10 to 14 business days. Established seller since 2000. Codice libro della libreria TH-9780674725652

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