1.

Record Nr.

UNINA9910299635303321

Autore

Morroni Mario

Titolo

What Is the Truth About the Great Recession and Increasing Inequality? : Dialogues on Disputed Issues and Conflicting Theories / / by Mario Morroni

Pubbl/distr/stampa

Cham : , : Springer International Publishing : , : Imprint : Springer, , 2018

ISBN

3-319-98621-X

Edizione

[1st ed. 2018.]

Descrizione fisica

1 online resource (206 pages)

Disciplina

305

Soggetti

Economics

Economic policy

Schools of economics

Financial crises

Economic history

Macroeconomics

Popular Science in Economics

Economic Policy

Heterodox Economics

Financial Crises

History of Economic Thought/Methodology

Macroeconomics/Monetary Economics//Financial Economics

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di contenuto

Prologue -- Increasing inequality -- The failure to predict the Great Recession -- Why fiscal austerity? -- Rolling back the welfare state -- The state and the market -- The gigantic German trade surplus and the euro -- Crisis policy -- Environmental degradation -- Industrial policies.

Sommario/riassunto

Have you ever puzzled over the causes of the 2007–8 financial crisis and wondered how it will affect all our futures? If so, this book is for you. Using imagined dialogue between three economists with contrasting theoretical perspectives and a student who knows little



about economics, different interpretations are compared in straightforward, jargon-free language. The book explores both the consequences of neoliberal economic policies based on the belief in efficient, self-regulating markets and the implications of alternative economic visions formulated in response to the Great Recession. In all, nine dialogues are presented, each of which focuses on a key theme: increasing inequality, the failure of economists to predict the crash, the reasons for fiscal austerity, the rolling back of the welfare state, the roles of the state and the market, the repercussions of the German trade surplus and the Eurozone crisis, policies to confront the crisis, environmental degradation, and the need for an industrial policy appropriate to the present day. The book will be ideal for both general readers and those embarking on the study of economics.