The current crisis is like an earthquake for the theoretical foundations of economic policies, which have guided governments and central banks for the last few decades. The efficient market hypothesis and its application to labor markets –“natural rate theory”- dominated interpretations of...

Global crises are very rare events. After the Great Depression and the Great Stagflation, new macroeconomic paradigms associated with a new policy regime emerged. This book addresses how some macroeconomic ideas have failed and examines which theories researchers should preserve and develop. It...

Global crises are very rare events. After the Great Depression and the Great Stagflation, new macroeconomic paradigms associated with a new policy regime emerged. This book addresses how some macroeconomic ideas have failed, and examines which theories researchers should preserve and develop. It...

Frontmatter -- Contents -- Preface -- Macroeconomics -- Macroeconomic Thought during the Long Nineteenth Century -- Gold Standard, Reparations,Mania, Crash, and Depression -- Maynard Ascendant -- Keynesian Growth, Cycles, and Crisis -- The Counterrevolution -- Finance -- The International...

Intro -- Contents -- Preface -- 1. Macroeconomics -- 2. Macroeconomic Thought during the Long Nineteenth Century -- 3. Gold Standard, Reparations, Mania, Crash, and Depression -- 4. Maynard Ascendant -- 5. Keynesian Growth, Cycles, and Crisis -- 6. The Counterrevolution -- 7. Finance -- 8. The...

Warum steigt ein Land zur Wirtschaftsmacht auf? Sind Freihandel und Globalisierung Allheilmittel? Was ist die Ursache für die europäische Währungskrise? Bei seiner Reise durch die Wirtschaftsgeschichte von den mächtigen Stadtstaaten der Renaissance bis zum aktuellen Aufstieg Chinas und...