Description
Book SynopsisThe Leaderless Economy reveals why international financial cooperation is the only solution to today's global economic crisis. In this timely and important book, Peter Temin and David Vines argue that our current predicament is a catastrophe rivaled only by the Great Depression. Taking an in-depth look at the history of both, they explain what went
Trade ReviewOne of Choice's Outstanding Academic Titles for 2013 "[T]emin and Vines's measured analysis will reward serious readers and economists who can keep up with global theory in motion."--Publishers Weekly "A rigorous analysis of the collapse of the world economy in 2008--and why things don't seem to be getting better... [S]obering."--Kirkus Reviews "[The Leaderless Economy] presents sensible arguments in favour of a rebalanced world economic system."--Tony Barber, Financial Times "In The Leaderless Economy, Temin and Vines demonstrate that Keynes' economic theories remain robust and relevant... [T]heir book provides a clear and compelling analysis of the roots of our global financial crisis and the lessons we can learn from it."--Glenn C. Altschuler, Huffington Post "You can learn a lot by reading [The Leaderless Economy]... The authors are commendably alert throughout to the economic and political complexities involved."--Daniel Akst, Bloomberg News "Temin and Vines ... offer a thoughtful exploration of the situation of the world financial system through detailed analysis and comparisons of the recent international economic crisis with circumstances during the Great Depression... The book is a great resource for those interested in international economics and history. A must read for upper-division undergraduate students, business leaders, and future policy makers, and a pleasure for graduate students, faculty, and general readers."--Choice "In this timely and important book, Peter Temin and David Vines argue that our current predicament is a catastrophe rivaled only by the Great Depression. Taking an in-depth look at the history of both, they explain what went wrong and why, and demonstrate why international leadership is needed to restore prosperity and prevent future crises."--World Book Industry
Table of ContentsPreface ix ONE The World Economy Is Broken 1 TWO The British Century and the Great Depression 21 THREE Keynes from the Macmillan Committee to Bretton Woods 59 FOUR The American Century and the Global Financial Crisis 107 FIVE Restoring International Balance in Europe 151 SIX Restoring International Balance in the World 205 SEVEN Using Theory to Learn from History 243 Appendix 257 Notes 275 References
