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Economics After the Crisis - Objectives and Means (Hardcover, New) Loot Price: R168
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Economics After the Crisis - Objectives and Means (Hardcover, New): Adair Turner

Economics After the Crisis - Objectives and Means (Hardcover, New)

Adair Turner

Series: Lionel Robbins Lectures

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List price R199 Loot Price R168 Discovery Miles 1 680 You Save R31 (16%)

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A noted economist challenges the fundamental economic assumptions that cast economic growth as the objective and markets as the universally applicable means of achieving it. The global economic crisis of 2008-2009 seemed a crisis not just of economic performance but also of the system's underlying political ideology and economic theory. But a second Great Depression was averted, and the radical shift to New Deal-like economic policies predicted by some never took place. Perhaps the correct response to the crisis is simply careful management of the macroeconomic challenges as we recover, combined with reform of financial regulation to prevent a recurrence. In Economics After the Crisis, Adair Turner offers a strong counterargument to this somewhat complacent view. The crisis of 2008-2009, he writes, should prompt a wide set of challenges to economic and political assumptions and to economic theory. Turner argues that more rapid growth should not be the overriding objective for rich developed countries, that inequality should concern us, that the pre-crisis confidence in financial markets as the means of pursuing objectives was profoundly misplaced.

General

Imprint: MIT Press
Country of origin: United States
Series: Lionel Robbins Lectures
Release date: March 2012
First published: 2012
Authors: Adair Turner (Chairman)
Dimensions: 229 x 152 x 16mm (L x W x T)
Format: Hardcover - Cloth over boards
Pages: 128
Edition: New
ISBN-13: 978-0-262-01744-2
Categories: Books > Business & Economics > Economics > Econometrics > General
Books > Business & Economics > Finance & accounting > Finance > Credit & credit institutions
Books > Money & Finance > Credit & credit institutions
LSN: 0-262-01744-X
Barcode: 9780262017442

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