From financial crisis to stagnation the destruction of shared prosperity and the role of economics /
"The U.S. economy today is confronted with the prospect of extended stagnation. This book explores why. Thomas I. Palley argues that the Great Recession and destruction of shared prosperity is due to flawed economic policy over the past thirty years. One flaw was the growth model adopted after...
| Main Author: | Palley, Thomas I., 1956- |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
New York :
Cambridge University Press,
2012.
|
| Physical Description: |
xvii, 238 pages : illustrations ; 24 cm. |
| Subjects: |
Table of Contents:
- Goodbye financial crash, hello stagnation
- The tragedy of bad ideas
- Overview: three perspectives on the crisis
- America's exhausted paradigm: macroeconomic causes of the crisis
- The role of finance
- Myths and fallacies about the crisis: stories about the domestic economy
- Myths and fallacies about the crisis: stories about the international economy
- The coming great stagnation
- Avoiding the great stagnation: rethinking the paradigm
- The challenge of corporate globalization
- Economists and the crisis: the tragedy of bad ideas revisited
- Markets and the common good: time for a great rebalancing.