The global economic crisis of 2008–2009 seemed a crisis not just of economic performance but also of the system's underlying political ideology and economic theory. But a second Great Depression was averted, and the radical shift to New Deal-like economic policies predicted by some never took...

Winner of the Nobel Prize in 1981, James Tobin is one of the principle figures in contemporary Economics. These original contributions by such noted economists as Robert Solow, Paul Samuelson, Richard Cooper, and Edmund Phelps celebrate and extend Tobin's contributions to macroeconomics,...