LEADER 04069nam 22007215 450 001 9910298508803321 005 20220909221624.0 010 $a3-319-11451-4 024 7 $a10.1007/978-3-319-11451-4 035 $a(CKB)3710000000239421 035 $a(EBL)1968682 035 $a(OCoLC)891652669 035 $a(SSID)ssj0001353693 035 $a(PQKBManifestationID)11813557 035 $a(PQKBTitleCode)TC0001353693 035 $a(PQKBWorkID)11316985 035 $a(PQKB)10111085 035 $a(DE-He213)978-3-319-11451-4 035 $a(MiAaPQ)EBC1968682 035 $a(PPN)181349361 035 $a(EXLCZ)993710000000239421 100 $a20140916d2015 u| 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 14$aThe global crisis of 2008 and Keynes's general theory /$fby Fikret ?au?evi? 205 $a1st ed. 2015. 210 1$aCham :$cSpringer International Publishing :$cImprint: Springer,$d2015. 215 $a1 online resource (109 p.) 225 1 $aSpringerBriefs in Economics,$x2191-5504 300 $aDescription based upon print version of record. 311 $a3-319-11450-6 320 $aIncludes bibliographical references. 327 $aEconomic Theory and Economic Policy Since the Seventies: Keynesians versus New Classical Economists -- The General Theory of Employment, Interest and Money: An Overview with Commentary -- Impact of Financial Globalization on the Scope of Economic Theory and Policy. 330 $aThis book describes the international context and some of the factors that have weakened the influence of Keynesian economic thought. It illustrates economic responses offered by the new Keynesian school and the alternative perspective on the global crisis presented by the monetary circuit theory, with a special emphasis on Minsky?s financial instability hypothesis. The authors present a commentary on Keynes?s General Theory with an emphasis on his theory of the scarcity of capital, his analysis of the change in the structure of costs, and straightforward recommendation for a policy marked by very low interest, which he felt was needed to maintain full employment. Additionally, the book discusses major changes in the cost structure of globally active companies, resulting from the extremely intense international capital flows over the last three decades. The authors point out the need to redefine the open economy macroeconomics model, switching it from a world consisting of two major developed open economies to one consisting of two major open economies, one of which is developed and the other is developing. 410 0$aSpringerBriefs in Economics,$x2191-5504 606 $aEconomic history 606 $aEconomic policy 606 $aEconomic theory 606 $aMacroeconomics 606 $aHistory of Economic Thought/Methodology$3https://scigraph.springernature.com/ontologies/product-market-codes/W28000 606 $aEconomic Policy$3https://scigraph.springernature.com/ontologies/product-market-codes/W34010 606 $aEconomic Theory/Quantitative Economics/Mathematical Methods$3https://scigraph.springernature.com/ontologies/product-market-codes/W29000 606 $aMacroeconomics/Monetary Economics//Financial Economics$3https://scigraph.springernature.com/ontologies/product-market-codes/W32000 615 0$aEconomic history. 615 0$aEconomic policy. 615 0$aEconomic theory. 615 0$aMacroeconomics. 615 14$aHistory of Economic Thought/Methodology. 615 24$aEconomic Policy. 615 24$aEconomic Theory/Quantitative Economics/Mathematical Methods. 615 24$aMacroeconomics/Monetary Economics//Financial Economics. 676 $a330 676 $a330.1 676 $a332 676 $a338.9 700 $a?au?evi?$b Fikret$4aut$4http://id.loc.gov/vocabulary/relators/aut$0894177 906 $aBOOK 912 $a9910298508803321 996 $aThe Global Crisis of 2008 and Keynes's General Theory$92542210 997 $aUNINA