Financial Crisis and the Failure of Economic Theory

Jorge Turmo Arnal (Autor)

Buch | Softcover

208 Seiten

2020
Routledge (Verlag)
978-0-367-66927-0 (ISBN)

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The global financial crisis of 2008 was largely unpredicted. If economic theory has a role to play in predicting future catastrophes then the methods we rely on need to change. The authors of this study propose a new theory of economics based on more detailed understanding of how and why people behave as they do within their environment. This anthropological approach uses the strengths of many existing economic theories, including Keynesian and Austrian economics, to present a new framework for anticipating and averting the financial crises of the future.

Ãngel Rodriguez, Autonomous University of Madrid Jorge Turmo Arnal, Autonomous University of Madrid Oscar Vara Crespo, Autonomous University of Madrid

Introduction 1. The Financial Crisis and Modern Economics: From Surprise to Puzzlement 2. A Different Look to Economic Theory: The Anthropological Approach 3. The 'Building Blocks' of Modern Economics: We Do Really Need a Meta-Theory 4. The Meta-Theory at Work: A Case Study in Growth Theory and Real Business Cycle Theory 5. Governments and the Financial Crisis: Making Economic Policy in the Dark 6. Explaining More Complex Phenomena: The Financial System Final Remarks

Erscheinungsdatum	01.10.2020
Reihe/Serie	Modern Heterodox Economics
Verlagsort	London
Sprache	englisch
Maße	156 x 234 mm
Gewicht	385 g
Themenwelt	Geschichte ► Teilgebiete der Geschichte ► Wirtschaftsgeschichte
	Wirtschaft ► Allgemeines / Lexika
	Wirtschaft ► Volkswirtschaftslehre
ISBN-10	0-367-66927-7 / 0367669277
ISBN-13	978-0-367-66927-0 / 9780367669270
Zustand	Neuware