Zombie economics : how dead ideas still walk among us /
"In the Graveyard of economic ideology, dead ideas still stalk the land. The recent financial crisis laid bare many of the assumptions behind market liberalism--the theory that market-based solutions are always best, regardless of the problem. For decades, their advocates dominated main stream...
| Основен автор: | Quiggin, John. |
|---|---|
| Формат: | Книга |
| Език: | English |
| Публикувано: |
Princeton :
Princeton University Press,
c2010.
|
| Предмети: |
Съдържание:
- 1. The great moderation. Birth: calm after the storms
- Life: the great risk shift
- Death: the dissenters and their vindication
- Reanimation: a global crisis or a transitory blip?
- After the zombies: rethinking the experience of the twentieth century
- Further reading
- 2. The efficient markets hypothesis. Birth: from casino to calculating machine
- Life: black-scholes, bankers, and bubbles
- Death: the crisis of 2008
- Reanimation: Chicago revives the dead
- After the zombies: the state and the market
- Further reading
- 3. Dynamic stochastic general equilibrium. Birth: from the Phillips curve to the NAIRU, and beyond
- Life: rationality and the representative agent
- Death: how did economists get it so wrong?
- Reanimation: how Obama caused the global financial crisis
- After the zombies: toward a realistic macroeconomics
- Further reading
- 4. Trickle-down economics. Birth: from supply-side economics to dynamic scoring
- Life: excuses for inequality
- Death: the rich get richer and the poor go nowhere
- Reanimation: mobility without movement
- After the zombies: economics, inequality, and equity
- Further reading
- 5. Privitization. Birth: we are all market liberals now
- Life: a policy in search of a rationale
- Death: puzzles and failures
- Reanimation: dead for good?
- After the zombies: the mixed economy
- Further reading
- Conclusion: Economics for the twenty-first century. Rethinking the experience of the twentieth century
- A new approach to risk and uncertainty
- What is needed in economics.