"Examines effects of the 2008-09 financial downturn on all workers with particular attention to low-income older workers who stand to suffer the most, often retiring early because of lack of work; discusses the real effects of the stock market decline, falling house prices, and …
How did the sharpest global slowdown in more than six decades happen, and how can recovery be made sustainable? This publication traces the causes, course and consequences of the "Great Recession". It explains how a global buildup of liquidity, coupled with poor regulation, crea…
The Financial Crisis, though originating in the US, is global and comparable with the Great Depression of the 1930s. The book takes both micro and macro view of the crisis. It examines the evolution of the global monetary system and looks at the crisis from a systemic angle. It …
The financial crisis that began in 2007 has severely shaken economics and has brought into question its analyses and recommendations. Not all macroeconomists are up to the challenge. This thought-provoking book addresses how economic ideas have failed from a macro perspective, a…
"Global crises are very rare events. After the Great Depression and the Great Stagflation, new macroeconomic paradigms associated with a new policy regime emerged. This book addresses how some macroeconomic ideas have failed and examines which theories researchers should preserv…
Providing practical guidance on reducing government, household and business debt, a well-respected economist stresses the importance of revising the neoclassical consensus governing global-economic decision-making to avoid the next financial collapse.
Localized creativity, small high-tech entrepreneurship, related innovation platforms, social capital embedded in dynamically open territorial communities and context-specific though continuously upgrading policy platforms are all means to face new challenges and to promote incre…
Predicts a worse crash if key economic changes cannot be made, arguing that American consumer habits are at the heart of today's problems and recommends that the nation declare bankruptcy and rebuild broken systems from scratch.
