Description |
1 online resource (ix, 198 pages) : illustrations |
Series |
Modern heterodox economics |
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Modern heterodox economics.
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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.
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Economics -- Sociological aspects.
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Economic forecasting
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Economics -- Sociological aspects
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Form |
Electronic book
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Author |
Turmo, Jorge
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Vara, Oscar
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ISBN |
9781315653891 |
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1315653893 |
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