03236oam 2200709I 450 991046314790332120200520144314.00-203-09718-11-283-86331-61-136-22154-910.4324/9780203097182 (CKB)2670000000299276(EBL)1092714(OCoLC)820787671(SSID)ssj0000785041(PQKBManifestationID)12280195(PQKBTitleCode)TC0000785041(PQKBWorkID)10783652(PQKB)10144530(MiAaPQ)EBC1092714(Au-PeEL)EBL1092714(CaPaEBR)ebr10632531(CaONFJC)MIL417581(OCoLC)823386992(OCoLC)823730273(EXLCZ)99267000000029927620180706d2013 uy 0engur|n|---|||||txtccrNew paradigms in financial economics how would Keynes reconstruct economics? /Kazem FalahatiAbingdon, Oxon :Routledge,2013.1 online resource (225 p.)Routledge international studies in money and banking ;71Routledge international studies in money and banking ;71Description based upon print version of record.1-138-80824-5 0-415-63102-5 Includes bibliographical references and index.Preface -- Introduction -- Irrational foundations of "rational" behaviour in the standard paradigm -- Contradictions of the Marxian paradigm -- The new paradigm -- Resolution of theoretical and experimental puzzles -- Resolution of empirical puzzles in corporate finance -- Resolution of puzzles in macroeconomics -- Economic role of the state -- The recent global financial crisis -- Conclusion, policy and research recommendations -- Appendices: a critique of existing literature.The recent global financial crisis has made the inadequacies of the scientific state of economics and finance glaringly obvious, as these disciplines gave the false reassurance that such a self-destructive phenomenon could not happen. A similar phenomenon arose in the 1930's, when the pitfalls of the dominant economic theories were sharply exposed. Since then, the same analytical framework, in its new versions, has revealed a huge number of other empirical and experimental failures. On the other hand, the founders of the currently dominant theories in economics and finance (i.Routledge International Studies in Money and BankingFinanceInvestmentsFinanceMathematical modelsInvestmentsMathematical modelsElectronic books.Finance.Investments.FinanceMathematical models.InvestmentsMathematical models.330.15/6Falahati Kazem.907731MiAaPQMiAaPQMiAaPQBOOK9910463147903321New paradigms in financial economics2030491UNINA