Limit search to available items
Book Cover
E-book
Author Rodr©Ưguez Garc©Ưa-Brazales, Ángel

Title Financial crisis and the failure of economic theory / by Ángel Rodr©Ưguez, Jorge Turmo and Oscar Vara
Published London ; New York : Routledge, 2016

Copies

Description 1 online resource (ix, 198 pages) : illustrations
Series Modern heterodox economics
Modern heterodox economics.
Contents 1. The financial crisis and modern economics : from surprise to puzzlement -- 2. A different look at economic theory : the anthropological approach -- 3. The 'building blocks' of modern economics : we do really need a meta-theory -- 4. The meta-theory at work : a case study in growth theory and real business cycle theory -- 5. Governments and the financial crisis : making economic policy in the dark -- 6. Explaining more complex phenomena : the financial system
Summary The global financial crisis of 2008 was largely unpredicted. If economic theory has a role to play in predicting future catastrophes then the methods we rely on need to change. The authors of this study propose a new theory of economics based on more detailed understanding of how and why people behave as they do within their environment. This anthropological approach uses the strengths of many existing economic theories, including Keynesian and Austrian economics, to present a new framework for anticipating and averting the financial crises of the future
Notes Originally published 2014 by Pickering & Chatto (Publishers) Limited
Bibliography Includes bibliographical references (pages 185-194) and index
Subject Economic forecasting.
Economics -- Sociological aspects.
Economic forecasting
Economics -- Sociological aspects
Form Electronic book
Author Turmo, Jorge
Vara, Oscar
ISBN 9781315653891
1315653893