1. Insights for today's trying economic times / Robert M. Whaples and G. Page West III -- 2. Insights from Walter Bagehot / Perry Mehrling -- 3. Insights from Thorstein Veblen / Robert Prasch -- 4. Insights from John Maynard Keynes / Bradley Bateman -- 5. Insights from the Great Depression /...

This timely book uses cutting-edge research to analyse the fundamental causes of economic and financial crises, and illustrates the macroeconomic foundations required for future economic policymaking in order to avoid these crises

'This book makes a difference compared with the mass of existing crisis literature. Exploring a variety of heterodox approaches, it clearly discusses the important issues behind the well known facts: the dynamics of capitalism leading to the current crisis, the character of the crisis as mainly...

The authors offer perspective on the world financial crisis. Specifically, they claim it was a perfect storm of policy errors that caused the housing bubble and then perpetuated the recovery period into an over-extended recession