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Books > History > History of specific subjects > Economic history
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How Crises Shaped Economic Ideas and Policies - Wiser After the Events? (Hardcover, 2015 ed.)
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How Crises Shaped Economic Ideas and Policies - Wiser After the Events? (Hardcover, 2015 ed.)
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This book explores how successful the various tenets of economic
thought have been in prognosticating or remedying economic crises.
Examining key episodes in economic history, from famines in
antiquity to present-day financial collapse, the author finds that
several theories failed to cope with a crisis and lost their
academic impact. The author also presents cases in which major
theoretical innovations were achieved after the experience of a
crisis as well as cases where a completely new theory was needed to
explain and face the events. This book will appeal to researchers
and scholars interested in understanding how theoretical
developments in economics are affected by real-world economic
crises.
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