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Englisch
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Beschreibung
In this important and provocative reassessment of the causes and consequences of economic downturns and stagnation, Roger Farmer argues that the central problem is recurring and debilitating crises of confidence in the stock market. The instability caused by the animal spirits creates unemployment and disruptions that have long-term effects. To create stability Farmer proposes that governments intervene in asset markets in a manner similar to the recent behavior of central banks. Written in clear, accessible language by a prominent macroeconomic theorist, Prosperity for All proposes a paradigm shift and policy changes that could successfully raise employment rates, keep inflation at bay, and stimulate growth.
In this important and provocative reassessment of the causes and consequences of economic downturns and stagnation, Roger Farmer argues that the central problem is recurring and debilitating crises of confidence in the stock market. The instability caused by the animal spirits creates unemployment and disruptions that have long-term effects. To create stability Farmer proposes that governments intervene in asset markets in a manner similar to the recent behavior of central banks. Written in clear, accessible language by a prominent macroeconomic theorist, Prosperity for All proposes a paradigm shift and policy changes that could successfully raise employment rates, keep inflation at bay, and stimulate growth.
Über den Autor
Roger Farmer is Research Director at the National Institute of Economic and Social Research in London and a Professor of Economics at the University of Warwick.
Inhaltsverzeichnis
- Chapter 1: Prosperity for All
- Chapter 2: Keynes Betrayed
- Chapter 3: The Demise of the Natural Rate Hypothesis
- Chapter 4: Let's Stop Pretending that Unemployment is Voluntary
- Chapter 5: Five Problems with New Keynesian Economics
- Chapter 6: Why Unemployment Persists
- Chapter 7: Wall Street and Main Street
- Chapter 8: The New Keynesian Model Explained
- Chapter 9: The Farmer Monetary Model Explained
- Chapter 10: Keynesian Economics without the Consumption Function
- Chapter 11: How to Prevent Financial Crises
Details
| Erscheinungsjahr: | 2018 |
|---|---|
| Fachbereich: | Allgemeines |
| Genre: | Importe, Wirtschaft |
| Rubrik: | Recht & Wirtschaft |
| Medium: | Taschenbuch |
| Inhalt: | Kartoniert / Broschiert |
| ISBN-13: | 9780190922405 |
| ISBN-10: | 0190922400 |
| Sprache: | Englisch |
| Einband: | Kartoniert / Broschiert |
| Autor: | Farmer, Roger |
| Hersteller: | Oxford University Press, USA |
| Verantwortliche Person für die EU: | Libri GmbH, Europaallee 1, D-36244 Bad Hersfeld, gpsr@libri.de |
| Maße: | 210 x 140 x 17 mm |
| Von/Mit: | Roger Farmer |
| Erscheinungsdatum: | 27.09.2018 |
| Gewicht: | 0,403 kg |
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