Description
Condition: BRAND NEW
ISBN: 9780141988610
Format: B-format paperback
Year: 2019
Publisher: Penguin UK
Pages: 512
Discover a groundbreaking analysis in 'Money and Government,' authored by renowned historian and economist Robert Skidelsky. This compelling work challenges the pervasive economic orthodoxy that relegates the roles of money and government to mere footnotes in the narrative of economic prosperity. Skidelsky meticulously traces the historical evolution of this ideology, revealing its entrenched dominance since the Great Depression of 1929-32.
In light of the 2008 global financial crisis, Skidelsky highlights the critical need for a paradigm shift. Despite the Keynesian measures temporarily adopted to navigate that tumultuous period, the pre-crash orthodoxy quickly regained its footing, enforcing austerity measures that have left the global economy teetering on the brink of stagnation. This insightful book not only exposes the weaknesses of the current economic model but also reintroduces the stimulating ideas of Keynes, encouraging a new generation of economists to rethink the true significance of money and government in shaping economic outcomes.
Join the intellectual revolution that seeks to reclaim money and government’s vital roles in the economy. Equip yourself with a deeper understanding of economic dynamics and the imperative for change with this essential read. Perfect for students, economists, and policy makers alike.
Delivery Information: Your order will be shipped within 2-5 business days using reliable carriers. Enjoy fast and free shipping on orders over NZD 50.
Condition: BRAND NEW
ISBN: 9780141988610
Format: B-format paperback
Year: 2019
Publisher: Penguin UK
Pages: 512
Description:
A major challenge to economic orthodoxy, by one of Britain's leading historians and economists
The dominant view in economics is that money and government should play only a minor role in economic life. Money, it is claimed, is more than a medium of exchange; and economic outcomes are best left to the 'invisible hand' of the market. Tracing the establishment of this orthodoxy and the challenges posed to it since the Great Depression of 1929-32, Robert Skidelsky shows how - unlike then - the 2008 global financial has not led to any new policy paradigm. Once the crisis had been overcome - by Keynesian measures taken in desperation - the pre-crash orthodoxy was reinstated, undermined but unbowed. No new 'big idea' has emerged, and orthodoxy has maintained its sway, enacting punishing austerity agendas that leave us with a still-anaemic global economy.
This book aims to familiarise the reader with essential elements of Keynes's 'big idea'. By showing that much of economic orthodoxy is far from being the hard science it claims to be, it aims to embolden the next generation of economists to break free from their conceptual prisons and afford money and government the starring roles in the economic drama that they deserve.
ISBN: 9780141988610
Format: B-format paperback
Year: 2019
Publisher: Penguin UK
Pages: 512
Discover a groundbreaking analysis in 'Money and Government,' authored by renowned historian and economist Robert Skidelsky. This compelling work challenges the pervasive economic orthodoxy that relegates the roles of money and government to mere footnotes in the narrative of economic prosperity. Skidelsky meticulously traces the historical evolution of this ideology, revealing its entrenched dominance since the Great Depression of 1929-32.
In light of the 2008 global financial crisis, Skidelsky highlights the critical need for a paradigm shift. Despite the Keynesian measures temporarily adopted to navigate that tumultuous period, the pre-crash orthodoxy quickly regained its footing, enforcing austerity measures that have left the global economy teetering on the brink of stagnation. This insightful book not only exposes the weaknesses of the current economic model but also reintroduces the stimulating ideas of Keynes, encouraging a new generation of economists to rethink the true significance of money and government in shaping economic outcomes.
Join the intellectual revolution that seeks to reclaim money and government’s vital roles in the economy. Equip yourself with a deeper understanding of economic dynamics and the imperative for change with this essential read. Perfect for students, economists, and policy makers alike.
Delivery Information: Your order will be shipped within 2-5 business days using reliable carriers. Enjoy fast and free shipping on orders over NZD 50.
Condition: BRAND NEW
ISBN: 9780141988610
Format: B-format paperback
Year: 2019
Publisher: Penguin UK
Pages: 512
Description:
A major challenge to economic orthodoxy, by one of Britain's leading historians and economists
The dominant view in economics is that money and government should play only a minor role in economic life. Money, it is claimed, is more than a medium of exchange; and economic outcomes are best left to the 'invisible hand' of the market. Tracing the establishment of this orthodoxy and the challenges posed to it since the Great Depression of 1929-32, Robert Skidelsky shows how - unlike then - the 2008 global financial has not led to any new policy paradigm. Once the crisis had been overcome - by Keynesian measures taken in desperation - the pre-crash orthodoxy was reinstated, undermined but unbowed. No new 'big idea' has emerged, and orthodoxy has maintained its sway, enacting punishing austerity agendas that leave us with a still-anaemic global economy.
This book aims to familiarise the reader with essential elements of Keynes's 'big idea'. By showing that much of economic orthodoxy is far from being the hard science it claims to be, it aims to embolden the next generation of economists to break free from their conceptual prisons and afford money and government the starring roles in the economic drama that they deserve.