Joseph Stiglitz examines the theory behind the economic downturns that have plagued our world in recent times. This fascinating three-part lecture acknowledges the failure of economic models to successfully predict the 2008 crisis and explores alternative models which, if adopted, could potentially restore a stable and prosperous economy.



Autorentext
Joseph E. Stiglitz is University Professor at Columbia University, USA, and the winner of the 2001 Nobel Prize for Economics. He served as Chairman of the U.S. Council of Economic Advisers in the mid-1990s and as Chief Economist and Senior Vice President of the World Bank during the East Asia Crisis. In the aftermath of the 2008 crisis, he chaired the UN Commission of Experts on Reforms of the International Monetary and Financial System.

Inhalt
Introduction 1. Three Fundamental Questions 2. Three Strands of Theory 3. The Capitalist Economy as a Credit Economy Concluding Remarks: The Crisis in Economics Bibliography
Titel
Towards a General Theory of Deep Downturns
Untertitel
Presidential Address from the 17th World Congress of the International Economic Association in 2014
EAN
9781137586919
ISBN
978-1-137-58691-9
Format
E-Book (pdf)
Veröffentlichung
26.01.2016
Digitaler Kopierschutz
Wasserzeichen
Dateigrösse
1.1 MB
Anzahl Seiten
71
Jahr
2016
Untertitel
Englisch