Towards a General Theory of Deep Downturns - Presidential Address From 17th World Congress of International

Joseph Stiglitz examines the theory behind the economic downturns that have plagued our world in recent times. This fascinating three-part lecture acknowledges the failure of economic models to successfully predict the 2008 crisis and explores alternative models which, if adopted, could potentially restore a stable and prosperous economy.

List of contents

Introduction 1. Three Fundamental Questions 2. Three Strands of Theory 3. The Capitalist Economy as a Credit Economy Concluding Remarks: The Crisis in Economics Bibliography

Summary

Joseph Stiglitz examines the theory behind the economic downturns that have plagued our world in recent times. This fascinating three-part lecture acknowledges the failure of economic models to successfully predict the 2008 crisis and explores alternative models which, if adopted, could potentially restore a stable and prosperous economy.

Product details

• Authors: Joseph Stiglitz
• Publisher: Palgrave UK
• Languages: English
• Product format: Paperback / Softback
• Released: 19.02.2016
• EAN: 9781349887682
• ISBN: 978-1-349-88768-2
• No. of pages: 71
• Series: International Economic Association Series; International Economic Association Series
• Subject: Social sciences, law, business > Business > Economics