After the Great Recession : The Struggle for Economic Recovery and Growth

Cover -- AFTER THE GREAT RECESSION -- Title -- Copyright -- Contents -- Figures -- Tables -- Contributors -- Foreword -- Preface -- PART ONE: INTRODUCTION AND OVERVIEW -- ONE Understanding the Great recession -- 1. The Great Recession: A Brief History -- 2. Mainstream Macroeconomics and the Great Recession -- 3. The Case for Keynesian Insights: Outside the Mainstream -- Finance and the Limits of Monetary Policy: Beyond the Zero Bound -- Uncertainty and Financial Instability -- What is the Source of Demand Growth in the Long Run? -- 4. Where Do We Go from Here? -- 5. Outline of the Chapters that Follow -- References -- TWO America's Exhausted Paradigm: Macroeconomic Causes of the Financial Crisis and Great Recession -- 1. The Flawed U.S. Growth Model -- The Post-1980 Neoliberal Growth Model -- The Role of Economic Policy -- The Neoliberal Bubble Economy -- 2. The Flawed Model of Global Economic Engagement -- The Triple Hemorrhage -- NAFTA -- The Response to the East Asian Financial Crisis -- China and PNTR -- 3. America's Exhausted Macroeconomic Paradigm -- 4. Conclusion: Where Next? -- References -- PART TWO: EMERGENCE OF FINANCIAL INSTABILITY -- THREE Minsky's Money Manager capitalism: Assessment and Reform -- 1. A Brief Financial History of the Postwar Period -- 2. Money Manager Capitalism and the Great Recession Crisis -- 3. The End of Money Manager Capitalism? -- 4. Policy to Reform the Financial System -- References -- FOUR Trying to Serve Two Masters: The Dilemma of Financial Regulation -- 1. A Brief History of how U.S. Banking Regulation Tried to Serve Two Masters -- 2. Financial Legislation and the Structure of the Financial System -- The Liberalizing Power of "Incidental Powers" -- 3. The Challenge and Response to Glass-Steagall Segregation of Banking and Finance -- The Regulatory Dynamic of Innovation and Protection.