Introduction -- 1. The Keynesian liquidity trap: an Austrian critique / Peter Boettke and Patrick Newman -- 2. What the entrepreneurial problem reveals about Keynesian macroeconomics / Per L. Bylund -- 3. A critique of two key concepts in Keynesian textbooks / Tim Congdon -- 4. The misdirection...

"This innovative book focuses on the current global financial crisis and the inadequacies of the economic theories being used to guide policy. In so doing, it tackles the economic theories that have been used firstly to understand its causes and thereafter to contain the damage it has brought."...

The Global Financial Crisis is a unique investigation into the causes of the most savage economic downturn experienced since the Great Depression. Employing wide and divergent perspectives--which are themselves critically examined--this study analyses the measures that have been taken to restore...