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008 120330s2013 enkad sb 001 0 eng d
010 _z 2012012602
020 _z9781107015890
020 _a9781139554510 (electronic bk.)
035 _a(MiAaPQ)EBC989079
035 _a(Au-PeEL)EBL989079
035 _a(CaPaEBR)ebr10621727
035 _a(CaONFJC)MIL405867
035 _a(OCoLC)817236647
040 _aMiAaPQ
_cMiAaPQ
_dMiAaPQ
043 _an-us---
050 4 _aHC106.84
_b.A37 2013
082 0 4 _a330.973
_223
245 0 0 _aAfter the great recession
_h[electronic resource] :
_bthe struggle for economic recovery and growth /
_cedited by Barry Z. Cynamon, Steven M. Fazzari, Mark Setterfield ; foreword by Robert Kuttner.
260 _aCambridge :
_bCambridge University Press,
_c2013.
300 _axvii, 340 p. :
_bill.
504 _aIncludes bibliographical references and indexes.
505 8 _aMachine generated contents note: Part I. Introduction and Overview: 1. Understanding the great recession Barry Z. Cynamon, Steven M. Fazzari and Mark Setterfield; 2. America's exhausted paradigm: macroeconomic causes of the financial crisis and great recession Thomas I. Palley; Part II. Emergence of Financial Instability: 3. Minsky's money manager capitalism: assessment and reform L. Randall Wray; 4. Trying to serve two masters: the dilemma of financial regulation Jan Kregel; 5. How bonus-driven 'rainmaker' financial firms enrich top employees, destroy shareholder value, and create systemic financial instability James Crotty; Part III. Household Spending and Debt: Source of Past Growth-Seeds of Recent Collapse: 6. The end of the consumer age Barry Z. Cynamon and Steven M. Fazzari; 7. Wages, demand and US macroeconomic travails: diagnosis and prognosis Mark Setterfield; Part IV. Global Dimensions of US Crisis: 8. Global imbalances and US trade in the great recession and its aftermath Robert Blecker; Part V. Economic Policy after the Great Recession: 9. Confronting the Kindleberger moment: credit, fiscal, and regulatory policy to avoid economic disaster Gerald Epstein; 10. Fiscal policy: the recent record and lessons for the future Dean Baker; 11. No need to panic about US government deficits Barry Z. Cynamon and Steven M. Fazzari; 12. Fiscal policy for the great recession and beyond Pavlina Tcherneva; Part VI. The Way Forward: 13. Demand, finance, and uncertainty beyond the great recession Barry Z. Cynamon, Steven M. Fazzari and Mark Setterfield.
520 _a"The severity of the Great Recession and the subsequent stagnation caught many economists by surprise. But a group of Keynesian scholars warned for some years that strong forces were leading the US toward a deep, persistent downturn. This book collects essays about these events from prominent macroeconomists who developed a perspective that predicted the broad outline and many specific aspects of the crisis. From this point of view, the recovery of employment and revival of strong growth requires more than short-term monetary easing and temporary fiscal stimulus. Economists and policy makers need to explore how the process of demand formation failed after 2007 and where demand will come from going forward. Successive chapters address the sources and dynamics of demand, the distribution and growth of wages, the structure of finance and challenges from globalization, and inform recommendations for monetary and fiscal policies to achieve a more efficient and equitable society"--
_cProvided by publisher.
533 _aElectronic reproduction. Ann Arbor, MI : ProQuest, 2015. Available via World Wide Web. Access may be limited to ProQuest affiliated libraries.
650 0 _aRecessions
_zUnited States
_xHistory
_y21st century.
650 0 _aGlobal Financial Crisis, 2008-2009.
650 0 _aUnemployment
_xEffect of inflation on
_zUnited States
_xHistory
_y21st century.
650 0 _aKeynesian economics.
651 0 _aUnited States
_xEconomic policy
_y2009-
655 4 _aElectronic books.
700 1 _aCynamon, Barry Z.,
_d1984-
700 1 _aFazzari, Steven M.
700 1 _aSetterfield, Mark,
_d1967-
710 2 _aProQuest (Firm)
856 4 0 _uhttps://ebookcentral.proquest.com/lib/bacm-ebooks/detail.action?docID=989079
_zClick to View
999 _c82653
_d82653