Description

Book Synopsis

The book illustrates the development of the financial crisis and traces its cultural origins in mainstream economics. The Keynesian theory of uncertainty and Minsky's concept of financial fragility provide an alternative interpretation of past events and future policy developments.



Table of Contents

Introduction; The Sequence of Events; The Causes of the Financial Crisis; The Effects of the Crisis; The Economists who Foresaw the Crisis; Risk and Uncertainty; The Crisis of Economics: Neoclassical Candides and Keynesian Voltaires; A New Bretton Woods?; The Future of Capitalism; Bibliography

Why the Economists Got It Wrong The Crisis And

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    A Paperback by Alessandro Roncaglia

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      View other formats and editions of Why the Economists Got It Wrong The Crisis And by Alessandro Roncaglia

      Publisher: Anthem Press
      Publication Date: 8/1/2010 12:00:00 AM
      ISBN13: 9780857289629, 978-0857289629
      ISBN10: 0857289624

      Description

      Book Synopsis

      The book illustrates the development of the financial crisis and traces its cultural origins in mainstream economics. The Keynesian theory of uncertainty and Minsky's concept of financial fragility provide an alternative interpretation of past events and future policy developments.



      Table of Contents

      Introduction; The Sequence of Events; The Causes of the Financial Crisis; The Effects of the Crisis; The Economists who Foresaw the Crisis; Risk and Uncertainty; The Crisis of Economics: Neoclassical Candides and Keynesian Voltaires; A New Bretton Woods?; The Future of Capitalism; Bibliography

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