By Philip Arestis, Malcolm Sawyer (editors)
The foreign Papers in Political financial system (IPPE) sequence explores the newest advancements in political financial system. This 6th quantity specializes in the topic of the necessity for and the advance of Keynesian fiscal rules for the twenty first century. the amount bargains with monetary platforms and financial improvement and asks even if we're all Keynesians now. Keynesian development idea within the twenty first century besides fiscal rules notion to emerge from the theoretical framework that underpins it -- constantly a Keynesian one yet tailored to the realities of the twenty first century -- also are tested. Essays during this quantity additionally discover the character and effects of financialisation as perceived through Keynesians, the conceptualisation of cash and the results for fiscal coverage of the present monetary difficulty, and the function of banks and the case for public banks. This publication deals exact research and educated touch upon the kind of financial regulations which are suitable for the twenty first century within the aftermath of the monetary trouble and international recession. it truly is crucial analyzing for all postgraduates and students searching for professional dialogue and debate of the problems surrounding fiscal coverage matters.
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Additional info for 21st Century Keynesian Economics (International Papers in Political Economy)
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Keynesian theory and current events collectively provide us with a basis to reject new efforts to refine early warning models. From this perspective, the crises that occur under a neoliberal regime don’t result from inadequate information; they result from the inherent dynamics that necessarily infuse the neoliberal model itself. To put it plainly, appending an early warning system to the neoliberal model to prevent crisis is akin to trying to prevent a collision by installing a more sophisticated speedometer into a car with no steering wheel or brakes.
21st Century Keynesian Economics (International Papers in Political Economy) by Philip Arestis, Malcolm Sawyer (editors)