Money and Government

Name: Money and Government
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الناشر: Penguin Books Ltd
رقم الكتاب المعياري الدولي 13: 9780141988610
رقم الكتاب المعياري الدولي 10: 141988614
وصف الكتاب: In this remarkable work, Robert Skidelsky unites his experience, knowledge and talents in a sweeping account of money and power' James K. GalbraithThe dominant view in economics is that money and government should play only a minor role in economic life. Money, it is claimed, is nothing more than a medium of exchange; and economic outcomes are best left to the 'invisible hand' of the market. The view taken in this important new book is that the omnipresence of uncertainty make money and government essential features of any market economy. One reason we need money is because we don't know what the future will bring. Government - good government - makes the future more predictable and therefore reduces this kind of demand for money.After Adam Smith orthodoxy persistently espoused non-intervention, but the Great Depression of 1929-32 stopped the artificers of orthodox economics in their tracks. A precarious balance of forces between government, employers, and trade unions enabled Keynesian economics to emerge as the new policy paradigm of the Western world. However, the stagflation of the 1970s led to the rejection of Keynesian policy and a return to small-state neoclassical orthodoxy. Thirty years later, the 2008 global financial crash was severe enough to have shaken the re-vamped classical orthodoxy, but, curiously, this did not happen. Once the crisis had been overcome - by Keynesian measures taken in desperation - the pre-crash orthodoxy was reinstated, undermined but unbowed. Since 2008, 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.
عن المؤلف: Robert Skidelsky is Emeritus Professor of Political Economy at the University of Warwick. His three volume biography of John Maynard Keynes (1983, 1992, 2000) received numerous prizes, including the Lionel Gelber Prize for International Relations and the Council on Foreign Relations Prize for International Relations. He was made a life peer in 1991, and a Fellow of the British Academy in 1994.
اللغة: English
الكاتب: Robert Skidelsky
تاريخ النشر: 20190905
عدد الصفحات: 512

Money and Government

منتجات مشابهة

PublicAffairs Keeping At It: The Quest for Sound Money and Good Government

Law and Order: Purpose of Government & Law American Law Books Grade 3 Children's Government Books

Cost Accounting in Government

بيرسون إدكسل مستوى الحكومة والسياسة في المملكة المتحدة

Life of Tom Horn, Government Scout and Interpreter

الحكومة لا تريدك أن تعرف هذا

Why Do Governments Exist? Citizenship & Government Politics Books 3rd Grade Social Studies Children's Government Books

Mystery Box, Electronic Surprise Package,Can Be Opened: Mobile Phones, Drones, Smart Watches,Headsets,Random Style, Excellent Value for Money C

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