Responsible Economy

After the ¿financial crisis¿ and ¿Great Recession¿, some have called for replacing standard economic theory by heterodox models based upon behavioural approaches. The Responsible Economy argues that there is nothing wrong with economic theory. Instead, the problem has been a ¿devil¿s pact¿ of simplistic pro-market economics combined with simplistic Keynesian monetary policy.

Sommario

1. In Praise of Common Sense 2. The Limits to Markets 3. Ecstasy Economics 4. The Role of Managers 5. Ethics, Incentives and Affordability 6. Justice 7. Globalisation 8. Labour Market Flexibility 9. On Booms and Busts 10. What Is to Be Done?

Info autore

Jefferson Frank is Professor of Economics at Royal Holloway, UK.

Riassunto

After the ‘financial crisis’ and ‘Great Recession’, some have called for replacing standard economic theory by heterodox models based upon behavioural approaches. The Responsible Economy argues that there is nothing wrong with economic theory. Instead, the problem has been a ‘devil’s pact’ of simplistic pro-market economics combined with simplistic Keynesian monetary policy.

Dettagli sul prodotto

• Autori: Jefferson Frank, Jefferson (Royal Holloway Frank, Frank Jefferson
• Editore: Taylor & Francis Ltd.
• Lingue: Inglese
• Formato: Tascabile
• Pubblicazione: 09.08.2018
• EAN: 9781138376984
• ISBN: 978-1-138-37698-4
• Pagine: 198
• Serie: Routledge Frontiers of Political Economy
• Categorie: Scienze sociali, diritto, economia > Economia > Tematiche generali, enciclopedie; Business & Economics / General, BUSINESS & ECONOMICS / Economics / General, BUSINESS & ECONOMICS / Money & Monetary Policy, BUSINESS & ECONOMICS / Economics / Theory, BUSINESS & ECONOMICS / Economics / Macroeconomics, macroeconomics, Economic theory & philosophy, Political Economy, Economic theory and philosophy