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Who's Afraid of John Maynard Keynes?: Challenging Economic Governance in an Age of Growing Inequality

Autor Paul Davidson
en Limba Engleză Paperback – 26 oct 2017
This is a book with many benefits.  Davidson explains the importance of the market economy, and unveils how and why global financial crises occur when the liquidity of financial assets traded in the market, suddenly collapse.
70 years after Keynes’ death, in another era of financial crisis and economic slump, Keynes’ ideas have made a comeback within economic circles. Yet these ideas are not represented in contemporary government policy decisions. This book explains why Keynes’ ideas need to be used by political parties in order to restore global prosperity and close the gap between income and wealth inequality.
This book will is essential reading for researchers, practitioners, students and the wider public interested in an economic understanding of today's global economic problems.
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Specificații

ISBN-13: 9783319645032
ISBN-10: 331964503X
Pagini: 162
Ilustrații: X, 162 p.
Dimensiuni: 148 x 210 x 13 mm
Greutate: 0.21 kg
Ediția:1st ed. 2017
Editura: Springer International Publishing
Colecția Palgrave Macmillan
Locul publicării:Cham, Switzerland

Cuprins

Chapter 1 - Who saw the coming of the global financial crisis 2007-8?.- .Chapter 2 - Alternative explanations of how the capitalist economy in which we live operates?.- .Chapter 3 - Understanding the role of money and money contracts in a market economy.- .Chapter 4. Unemployment: Why can't people who want to work find jobs?.- .Chapter 5  - Creating a prosperous full employment economy.- .Chapter 6. Can we prevent inflation and still achieve full employment.- .Chapter 7. The role of financial markets and liquidity.- .Chapter 8. Globalization and international trade effects on employment and prosperity.- .Chapter 9. Are free trade agreements desirable.- .Chapter 10. President Trump's anti-free trade agreements policy.- .Chapter 11. What economic policies can a democracy adopt to assure we live in a prosperous, civilised, capitalist system.

Recenzii

“Paul Davidson, in his ninth decade, has produced a crisp and clear exegesis of essential Keynesian ideas and the critical failures of so-called mainstream economic thought. … it is a good thing that Paul Davidson continues to remind us of how far from sanity and civilization we have drifted, in the decades since the death of Keynes.” (James K. Galbraith, Institute for New Economic Thinking, ineteconomics.org, August 30, 2019)

Notă biografică

Professor Paul Davidson is Holly Chair of Excellence in Political Economy, Emeritus, at the University of Tennessee, US.
He founded the Journal of Post Keynesian Economics and. He is also author, co-author, or editor of 22 books including John Maynard Keynes (Palgrave Macmillan, 2007) and The Keynes Solution: The Path to Global Economic Prosperity (Palgrave Macmillan, 2009), as well as over 210 articles. He has testified before 20 congressional committees over the years on various economic questions.  

Textul de pe ultima copertă

This book presents a clear and concise solution to understanding and alleviating today’s global economic challenges in the context of Keynes’ school of thought. Davidson explains the importance of the market economy, and unveils how and why global financial crises occur when the liquidity of financial assets traded in the market, suddenly collapse. 70 years after Keynes’ death, in another era of financial crisis and economic slump, Keynes’ ideas have made a comeback within economic circles. Yet these ideas are not represented in contemporary government policy decisions. This book explains why Keynes’ ideas need to be used by political parties in order to restore global prosperity and close the gap between income and wealth inequality.
This book will is essential reading for researchers, practitioners, students and the wider public interested in an economic understanding of today's global economic problems.

Caracteristici

Builds upon a theory established in The Keynes Solution: The Path to Global Economic Prosperity Presents a contemporary solution to restoring global economic balance Examines Keynes' work in a clear and accessible manner Includes supplementary material: sn.pub/extras