Paul Davidson challenges the thirty-year dominance of the free-market system over Keynesianism. He shows how the basic foundation of the Chicago School underlying Greenspan's policy decisions, as well as the likes of Friedman, Lucas,Scholes and Merton, led to errors that propelled America into the worst economic crisis since the Great Depression. INDICE: The Power of Ideas to Affect Policy - Ideas and Policies That Created the Global Economic Crisis - Keynes's Revolutionary Ideas Regarding the Potential Instability of a Capitalist System - The Cost to the Global Economy inForgetting Keynes - Policies for Resolving the Current Economic Crisis - International Ramifications b Reforming The World's Trade and Money-Payments System - The Need For Regulations of the Financial System and The Real Economy - The Goals of a Civilized Economic Society
- ISBN: 978-0-230-61920-3
- Editorial: Palgrave Macmillan
- Encuadernacion: Cartoné
- Páginas: 208
- Fecha Publicación: 18/09/2009
- Nº Volúmenes: 1
- Idioma: Inglés