All listings for this product
About this product
- DescriptionThis book aims to start a debate on the relationship between ecomic theory - and more precisely business cycle theory - and ecomic policy, emphasising the diversity of views on ecomic policy which characterised older periods, in contrast to the homogeneity of the analysis and diagsis provided by current business cycles developments. Since the 1970s, ecomic theorists excluding any ecomic policy interventions and favouring strictly supply-side ecomic policies have gained a growing influence. The development of Equilibrium Business Cycles theories coincides with the collapse, at least in academic circles, of the Keynesian consensus favouring stabilization policies. The alternative approach which emerged was based on an a priori hypothesis about the stability of the ecomy - or at least on its remarkable ability to stabilize itself. The direct consequence of this approach is that any stabilization objective for ecomic policy is t only misguided but also inefficient. There are many reasons why Keynesian policies ceased to be dominant in theoretical circles, but the most helpful circumstances for the rapid propagation of a new revolutionary theory is certainly the existence of an established orthodoxy, clearly inconsistent with the most salient facts of reality. This book offers a sample of different theoretical approaches to business cycles, examining their respective views on ecomic policy with the objective of understanding business cycles that have been lost, and identifying those views which explain fluctuations and the way we conceive ecomic policy. This book was originally published as a special issue of The European Journal of the History of Ecomic Thought.
- Author BiographyPascal Bridel is Professor of Economics at the University of Lausanne, Switzerland. He has published in various fields including the history of economic thought and monetary theory. Muriel Dal Pont is Professor of Economics at the University Nice, France. She has published in various fields including the history of economic thought.
- PublisherTaylor & Francis Ltd
- Date of Publication21/09/2015
- SubjectEconomics: Textbooks & Study Guides
- Place of PublicationLondon
- Country of PublicationUnited Kingdom
- Content Noteblack & white illustrations
- Weight452 g
- Width156 mm
- Height234 mm
- Spine13 mm
- Edited byMuriel Dal Pont,Pascal Bridel
Best-selling in Textbooks
Save on Textbooks
- AU $79.64Trending at AU $111.11
- AU $72.90Trending at AU $74.37
- AU $35.06Trending at AU $40.71
- AU $73.88Trending at AU $78.04
- AU $18.96Trending at AU $24.44
- AU $30.00Trending at AU $49.03
- AU $16.98Trending at AU $18.30
This item doesn't belong on this page.
Thanks, we'll look into this.