How the economy works : confidence, crashes and self-fulfilling prophecies / Roger E. A. Farmer.

Format:

Book

Author/Creator:

Farmer, Roger E. A.

Language:

English

Subjects (All):

Free enterprise.

Monetary policy.

Economic policy.

Physical Description:

1 online resource (208 p.)

Edition:

1st ed.

Place of Publication:

Oxford ; New York, NY : Oxford University Press, 2010.

Language Note:

English

Summary:

""Of all the economic bubbles that have been pricked,"" the editors of The Economist recently observed, ""few have burst more spectacularly than the reputation of economics itself."" Indeed, the financial crisis that crested in 2008 destroyed the credibility of the economic thinking that had guided policymakers for a generation. But what will take its place? In How the Economy Works, one of our leading economists provides a jargon-free exploration of the current crisis, offering a powerful argument for how economics must change to get us out of it. Roger E. A. Farmer traces the swings between

Contents:

Contents; Preface; CHAPTER 1 Introduction; CHAPTER 2 Classical Economics; CHAPTER 3 The Impact of Keynes on the World Economy; CHAPTER 4 Where the Keynesians Lost Their Way; CHAPTER 5 The Rational Expectations Revolution; CHAPTER 6 How Central Banks Impact Your Life; CHAPTER 7 Why Unemployment Persists; CHAPTER 8 Why the Stock Market Matters to You; CHAPTER 9 Will There Be Another Great Depression?; CHAPTER 10 Will Monetary and Fiscal Policy Work?; CHAPTER 11 How to Solve a Financial Crisis; Glossary; Notes; Bibliography; Index

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

Description based on metadata supplied by the publisher and other sources.

ISBN:

0-19-975637-6

1-282-54376-8

9786612543760

0-19-974536-6

OCLC:

607552720