Alternative ideas from ten (almost) forgotten economists
- ISBN: 9783030576080
- Editorial: Palgrave MacMillan
- Fecha de la edición: 2021
- Lugar de la edición: Cham. Suiza
- Encuadernación: Rústica
- Medidas: 24 cm
- Nº Pág.: 211
- Idiomas: Inglés
How should we address today's big problems, and what we can take from icons of economics past? How would John Maynard Keynes have resolved today's debt problem, or how would Adam Smith have assessed the European carbon emission trading market? This book applies the ideas of ten renowned economists (Marx, Minsky, Keynes, Knight, Bergmann, Veblen, Sen, Myrdal, Smith, Robinson) to real world economic problems, directly or indirectly related to the causes and consequences of the 2008 financial crisis. Each chapter presents an economist, and structures the 'problem', the 'insight' (the economist's idea), the 'economist' (short bio), and two 'practices' offering real-world alternatives. This book presents a lively and original approach that will be of interest to economists and non-economists alike, discussing key elements of an economics for a postcapitalist economy and connecting policy insights to real-world problems of today.
Chapter 1: Karl Marx on Capitalism
Chapter 2: Hyman Minsky on Financial Crises
Chapter 3: John Maynard Keynes on Debt and Demand
Chapter 4: Frank Knight on Risk and Uncertainty
Chapter 5: Barbara Bergmann on Gender Biases
Chapter 6: Thorstein Veblen on Inequality
Chapter 7: Amartya Sen on Financial Capabilities
Chapter 8: Gunnar Myrdal on Social Vulnerability
Chapter 9: Adam Smith on the Abuse of Markets
Chapter 10: Joan Robinson on Economic Pluralism
Conclusion: Economics for a Postcapitalist Economy