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About this product
- DescriptionWhy did the ecomists of the so-called mainstream seem to fail to foresee the global ecomic crisis that exploded in 2008? And why do they appear to have difficulty in putting forward an interpretation of it that is consistent with the theoretical foundations of their models? These two questions have echoed insistently since the outbreak of the crisis, t only in academic circles but also in the mass media, and appear to reflect increasingly widespread dissatisfaction with the dominant paradigm of ecomic theory. Many believe that the global recession w underway may constitute an historic watershed for the evolution of ecomics and therefore that an authentic change of paradigm is called for, rather than only mir adjustments to the dominant approach. Since the start of the crisis, there has indeed been a profusion of contributions from alternative areas of ecomic study, and in particular from those adopting a critical stance with respect to mainstream ecomic theory. This collection puts forward promising reinterpretations of the primary schools of heterodox political ecomy, stringent critiques of the conventional readings of the recession, new schemes of theoretical and empirical analysis of the crisis, and proposals for ecomic policies alternative to those hitherto adopted. This book contains a selection of some of the most recent contributions to the critique of mainstream ecomic theory and policy, and discusses the origins and possible evolutions of the current ecomic crisis. The collection should be of interest to students and researchers focussing on macroecomics, monetary ecomics, political ecomy and financial ecomics.
- Author BiographyEmiliano Brancaccio is Research fellow and professor of Political Economy and Labour Economics at the Universita del Sannio, Benevento, Italy Giuseppe Fontana is Professor of Monetary Economics at the University of Leeds, UK, and Associate Professor at the Universita del Sannio, Italy.
- PublisherTaylor & Francis Ltd
- Date of Publication24/05/2011
- SubjectEconomics: Professional & General
- Series TitleRoutledge Frontiers of Political Economy
- Series Part/Volume Number144
- Place of PublicationLondon
- Country of PublicationUnited Kingdom
- Content Note50 black & white illustrations, 15 black & white tables, 50 black & white line drawings
- Weight657 g
- Width156 mm
- Height234 mm
- Spine23 mm
- Edited byEmiliano Brancaccio,Giuseppe Fontana
- Format DetailsPaper over boards
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