Money and Government: The Past and Future of Economics
ISBN-13:
9780300248623
ISBN-10:
0300248628
Edition:
Illustrated
Author:
Robert Skidelsky
Publication date:
2019
Publisher:
Yale University Press
Format:
Paperback
512 pages
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Book details
ISBN-13:
9780300248623
ISBN-10:
0300248628
Edition:
Illustrated
Author:
Robert Skidelsky
Publication date:
2019
Publisher:
Yale University Press
Format:
Paperback
512 pages
Summary
Money and Government: The Past and Future of Economics (ISBN-13: 9780300248623 and ISBN-10: 0300248628), written by authors
Robert Skidelsky, was published by Yale University Press in 2019.
With an overall rating of 4.1 stars, it's a notable title among other
Economic History
(Economics, Economic Policy & Development, Macroeconomics, Money & Monetary Policy, Economics, International Business) books. You can easily purchase or rent Money and Government: The Past and Future of Economics (Paperback) from BooksRun,
along with many other new and used
Economic History
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Description
A critical examination of economics’s past and future, and how it needs to change, by one of the most eminent political economists of our time
The dominant view in economics is that money and government should play only a minor role in economic life. Economic outcomes, it is claimed, are best left to the “invisible hand” of the market. Yet these claims remain staunchly unsettled. The view taken in this important new book is that the omnipresence of uncertainty makes money and government essential features of any market economy.
Since Adam Smith, classical economics has espoused nonintervention in markets. The Great Depression brought Keynesian economics to the fore, but stagflation in the 1970s brought a return to small-state orthodoxy. The 2008 global financial crash should have brought a reevaluation of that stance; instead the response has been punishing austerity and anemic recovery. This book aims to reintroduce Keynes’s central insights to a new generation of economists, and embolden them to return money and government to the starring roles in the economic drama that they deserve.
The dominant view in economics is that money and government should play only a minor role in economic life. Economic outcomes, it is claimed, are best left to the “invisible hand” of the market. Yet these claims remain staunchly unsettled. The view taken in this important new book is that the omnipresence of uncertainty makes money and government essential features of any market economy.
Since Adam Smith, classical economics has espoused nonintervention in markets. The Great Depression brought Keynesian economics to the fore, but stagflation in the 1970s brought a return to small-state orthodoxy. The 2008 global financial crash should have brought a reevaluation of that stance; instead the response has been punishing austerity and anemic recovery. This book aims to reintroduce Keynes’s central insights to a new generation of economists, and embolden them to return money and government to the starring roles in the economic drama that they deserve.
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