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E-book
Author De Jasay, Anthony, 1925- author.

Title Economic sense and nonsense : reflections from Europe, 2008-2012 / Anthony de Jasay ; edited by Hartmut Kliemt
Published Indianapolis : Liberty Fund, [2014]

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Description 1 online resource (xiv, 294 pages)
Series The collected papers of Anthony de Jasey
De Jasay, Anthony, 1925- Essays. Selections. 2009.
Contents PART 1: TO SPEND OR NOT TO SPEND. Te spend or not to spend -- Who is afraid of the national debt? Two cheers for fiscal austerity, part 1 -- Two cheers for fiscal austerity, part 2 -- What became of the liquidity trap? -- The archbishop and the accountants -- Two ways, but where to? -- The platinum rule -- A fiscal curb to tame the state? -- Can sovereign borrowing be a criminal offense? -- PART 2: THE THIRD WAY TO STABILITY? Greed, need, risk, and regulation -- Trudging down the third way -- Open season on the capitalist free-for-all -- Collective choice at work -- Instinctive blunders : job protection and redistribution -- In fantasyland : the stressless economy -- They wanted a new order -- PART 3: THE UNITED STATES OF EUROPE AND AMERICA. The foolish quest for stability -- Europeans know better : the Atlantic cleavage on financial reform -- Our cherished optimum currency area : its trials and tribulations -- Eurozone : it seemed a good idea at the time -- Stone-age banking, anti-speculation, and rescuing the Euro -- Butcher, brewer, baker, banker : all must work by the golden rule -- Euramerican : a safety-first economy -- Come and get caught in my trap -- The use and abuse of taxes and tax havens -- Russia's socialist heritage -- Oil, gas, and bluster -- PART 4: THE BEST OF THE WORST. The best of the worst : what price democracy? -- Is society a great big insurance company? -- Incomes : equalizing or churning? -- The fat cats, the underdogs, and social justice -- Equal poverty, unequal affluence -- Topping up welfare -- Is society a great big credit card? part 1 -- Is society a great big credit card? part 2 -- Class war by judo -- PART 5: RISKS' RETURN. Solvency and liquidity : some financial "crises" are more critical than others -- A trillion-dollar "catastrophe"? -- Bank Debt, Sovereign debt, and the dogs that did not bark -- Is S & P a WMD? -- Ned Ludd, handloom weaving, and Franco-German moral banking -- Weeding out the "socially not useful" -- PART 6: CHEAP TALK AS A WEAPON OF MASS DESTRUCTION. Cheap talk, a weapon of mass destruction : asset values, expectations, and the apocalypse -- We all prefer growth to austerity -- Micro, macro, and fantasy economics -- Negative productivity -- Finance in parrot talk, part 1 -- Finance in parrot talk, part 2 -- Finance in parrot talk, part 3 -- Economics textbooks : teaching to despise -- The bootstrap theory of the oil price -- PART 7: BETTER ECONOMIC THEORY OR NOT? Thank heaven for an inefficient market : a tale of zombies and speculators -- Corruption, parasitism, and the abuse of agency -- The demise of GDP is premature -- When is a change a good thing? -- The price of everything -- Enough folly is enough -- The millstones of egalitarianism, part 1 : distributionism by facts of life -- The millstones of egalitarianism, part 2 : Ropemanship, or the morality of distributions
Bibliography Includes bibliographical references and index
Notes Print version record
Subject BUSINESS & ECONOMICS -- Economics -- General.
BUSINESS & ECONOMICS -- Reference.
Economic history
Economic policy
SUBJECT Europe -- Economic conditions -- 21st century
Europe -- Economic policy -- 21st century
Subject Europe
Form Electronic book
Author Kliemt, Hartmut, 1949- editor.
ISBN 9781614879176
1614879176
Other Titles Essays. Selections