9781107612464 - from financial crisis to stagnation: the destruction of shared prosperity and the role of economics von palley, thomas i. (8 Ergebnisse)
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Paperback. Zustand: Very Good. From Financial Crisis to Stagnation: The Destruction of Shared Prosperity and the Role of Economics This book is in very good condition and will be shipped within 24 hours of ordering. The cover may have some limited signs of wear but the pages are clean, intact and the spine remains undamaged. Thi…s book has clearly been well maintained and looked after thus far. Money back guarantee if you are not satisfied. See all our books here, order more than 1 book and get discounted shipping. .
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Zustand: New. Offers a novel explanation of the financial crisis and Great Recession that emphasizes the destruction of shared prosperity over the past thirty years. Num Pages: 258 pages, 26 b/w illus. 26 tables. BIC Classification: 1KBB; KCBM; KCP; KCX; KJC. Category: (P) Professional & Vocational; (U) Tertiary Education (US: C…ollege). Dimension: 227 x 156 x 16. Weight in Grams: 394. . 2013. 1st Edition. paperback. . . . . Books ship from the US and Ireland.
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From Financial Crisis to Stagnation : The Destruction of Shared Prosperity and the Role of Economics
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Taschenbuch. Zustand: Neu. Druck auf Anfrage Neuware - Printed after ordering - The US economy today is confronted with the prospect of extended stagnation. This book explores why. Thomas I. Palley argues that the Great Recession and destruction of shared prosperity is due to flawed economic policy over the past thirty years. On…e flaw was the growth model adopted after 1980 that relied on debt and asset price inflation to fuel growth instead of wages. A second flaw was the model of globalization that created an economic gash. Third, financial deregulation and the house price bubble kept the economy going by making ever more credit available. As the economy cannibalized itself by undercutting income distribution and accumulating debt, it needed larger speculative bubbles to grow. That process ended when the housing bubble burst. The earlier post-World War II economic model based on rising middle-class incomes has been dismantled, while the new neoliberal model has imploded. Absent a change of policy paradigm, the logical next step is stagnation. The political challenge we face now is how to achieve paradigm change.

