Hubris : why economists failed to predict the crisis and how to avoid the next one /: why economists failed to predict the crisis and how to avoid the next one. ([2015])

• Record Type: Book
• Further Information: Note: Meghnad Desai.
• Authors: Desai, Meghnad
• Contents: Cover page; Halftitle page; Title page; Copyright page; CONTENTS; FIGURES; PREFACE; ACKNOWLEDGEMENTS; INTRODUCTION Unraveling the Threads; What Happened?; Why Was It Not Anticipated?; An Economic Crisis or a Crisis of Economics?; The Role of Globalization; Where to Next?; PART ONE; Chapter One THE BUILDING BLOCKS; Determining the Wealth of Nations; The "Principle of Motion"; The Certainties of David Ricardo; Had the Bank Issued Excess Currency?; A Dismal Science?; Mathematics of the Markets; Chapter Two CYCLES FOR THE CURIOUS; Where Do Cycles Come From?; A Revolution in Thinking. The Trouble MakerCreative Destruction; The Long and Short; Chapter Three NEW TOOLS FOR A NEW PROFESSION; Alfred Marshall and the Professionalization of Economics; The Quantity Theory of Money; The Messenger of Market Failure; The Great War and the End of the Steadily Growing Economy; The Great Depression; The False Dawn; A New Toolbox for Economists; The Riddle of Income Growth; Riding the Waves with Eugen Slutsky; The Rocking Horse of Ragnar Frisch; PART TWO; Chapter Four CAUSING A STIR; The Keynesian Revolution; The Model; Keynes's Argument; Rejectionists Fight Back; The Crippling Embrace. The Policy Legacy of KeynesThe Highpoint of Keynesian Triumph; But Was It Really All Due to Keynes?; Renewal of Attack on Keynesian Economics; Keynesian Economics in Action; The Specter of Inflation; Chapter Five DECLINING FORTUNES; The Oil Shock; Stagflation and the Return of Unorthodox Economics; New Classical Economics; The Indeterminacy of Econometric Models; The New Classical Model; PART THREE; Chapter Six THE NEW GLOBALIZATION; The Long Boom; The Asian Crisis of 1997; The Rise and Collapse of the Great Moderation; Can Capital Be Fairly Valued?; Recession and the Prospect of Recovery. The Crisis in the EurozoneChapter Seven THE SEARCH FOR AN ANSWER; The Importance of the Long Perspective; Is the Future Bleak?; NOTES; BIBLIOGRAPHY; INDEX.
• Publisher Details: New Haven [Connecticut] : Yale University Press
• Publication Date: 2015
• Copyright Date: 2015
• Extent: 1 online resource (xii, 287 pages), illustrations
• Subjects: 330.0112; Economic forecasting; Financial crises; Prévision économique; BUSINESS & ECONOMICS -- Economics -- General; BUSINESS & ECONOMICS -- Reference; Economic forecasting; Financial crises; Economic history; Economics -- Philosophy; Crise financière; Economistes; Prévisions économiques; Pensée économique; Histoire économique; Economic forecasting; Financial crises; Prognose; Finanzkrise; Wirtschaftstheorie; Kredietcrisis (2008- ); Economen; Ekonomiska prognoser; Finanskrisen 2008-2009; Ekonomiska indikatorer; Finanskriser; Finanzkrise; Prognose; Ökonomen; Theorie-Praxis-Verhältnis
• Languages: English
• ISBNs: 9780300216073; 0300216076; 0300219490; 9780300219494; 0300213549; 9780300213546
• Notes: Note: Includes bibliographical references and index.; Note: Print version record.
• Access Rights: Legal Deposit; Only available on premises controlled by the deposit library and to one user at any one time; The Legal Deposit Libraries (Non-Print Works) Regulations (UK).
• Access Usage: Restricted: Printing from this resource is governed by The Legal Deposit Libraries (Non-Print Works) Regulations (UK) and UK copyright law currently in force.