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

By: Language: English Series: New directions in post-Keynesian economicsPublisher: Cheltenham : Edward Elgar Publishing, 2017Description: ix, 251 p. ; 25 cmISBN:
  • 9781785365348
  • 1785365347
Subject(s): DDC classification:
  • 338.542 BER
Contents:
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.
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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.