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Crisis and the failure of economic theory : the responsibility of economists for the Great Recession /

Bertocco, Giancarlo

Crisis and the failure of economic theory : the responsibility of economists for the Great Recession / Giancarlo Bertocco - ix, 251 p. ; 25 cm. - New directions in post-Keynesian economics . - New directions in post-Keynesian economics. .

Part I. The crisis and the mainstream theory
1. A brief description of the crisis
2. The mainstream economists and the crisis
3. The limits of the mainstream theory
Part II. An alternative theoretical approach
4. Keynes and the monetary theory of production
5. Finance and risk
6. Savings decisions, wealth and speculation
7. Money and crisis
Part III. The endogenous nature of the crisis and the policies for a good life
8. The endogenous nature of the subprime crisis
9. Overcoming the crisis : which policies?
Conclusions.

9781785365348 1785365347

2016957234


Financial crises.
Global Financial Crisis, 2008-2009.
Economic policy.
Capitalism.

338.542 BER