LEADER 04042nam 2200733 a 450 001 9910811913703321 005 20240418004617.0 010 $a1-283-34149-2 010 $a9786613341495 010 $a0-300-16126-3 024 7 $a10.12987/9780300161267 035 $a(CKB)2550000000066211 035 $a(EBL)3420765 035 $a(OCoLC)923597050 035 $a(SSID)ssj0000551980 035 $a(PQKBManifestationID)11338756 035 $a(PQKBTitleCode)TC0000551980 035 $a(PQKBWorkID)10537973 035 $a(PQKB)10387188 035 $a(MiAaPQ)EBC3420765 035 $a(DE-B1597)485768 035 $a(OCoLC)772532900 035 $a(DE-B1597)9780300161267 035 $a(Au-PeEL)EBL3420765 035 $a(CaPaEBR)ebr10514888 035 $a(CaONFJC)MIL334149 035 $a(EXLCZ)992550000000066211 100 $a20110404d2011 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aRealeconomik $ethe hidden cause of the Great Recession (and how to avert the next one) /$fGrigory Yavlinsky ; translated from the Russian by Antonina W. Bouis 205 $a1st ed. 210 $aNew Haven $cYale University Press$dc2011 215 $a1 online resource (183 p.) 300 $aDescription based upon print version of record. 311 $a0-300-15910-2 320 $aIncludes bibliographical references (p. [155]-157) and index. 327 $tFrontmatter -- $tContents -- $tPreface -- $tIntroduction -- $t1. Developments In The Global Economy -- $t2. Capitalism, The Market, And Morality -- $t3. Shifts In The Global Economy Of The 1980s-2010 And Changes In The Moral And Psychological Climate -- $t4. International Relations, 1980s-2008: Putting Self-Interest First -- $t5. The Crisis In Russia Is A Different Matter -- $t6. Lessons From The Crisis In A Globalized World: Morality As The Key To Survival -- $tConclusion -- $tNotes -- $tBibliography -- $tAcknowledgments -- $tIndex 330 $a"This book directly confronts uncomfortable questions that many prefer to brush aside: if economists and other scholars, politicians, and business professionals understand the causes of economic crises, as they claim, then why do such damaging crises continue to occur? Can we trust business and intellectual elites who advocate the principles of Realpolitik and claim the "public good" as their priority, yet consistently favor maximization of profit over ethical issues? Former deputy prime minister of Russia Grigory Yavlinsky, an internationally respected free-market economist, makes a powerful case that the often-cited causes of global economic instability-institutional failings, wrong decisions by regulators, insufficient or incorrect information, and the like-are only secondary to a far more significant underlying cause: the failure to understand that universal social norms are essential to thriving businesses and social and economic progress. Yavlinsky explores the widespread disregard for moral values in business decisions and calls for restoration of principled behavior in politics and economic practices. The unwelcome alternative, he warns, will be a twenty-first-century global economy in the grip of unending crises"--$cProvided by publisher. 606 $aWealth$xMoral and ethical aspects 606 $aRecessions 606 $aCapitalism 606 $aBank failures 606 $aFinancial crises$xPrevention 606 $aGlobal Financial Crisis, 2008-2009 615 0$aWealth$xMoral and ethical aspects. 615 0$aRecessions. 615 0$aCapitalism. 615 0$aBank failures. 615 0$aFinancial crises$xPrevention. 615 0$aGlobal Financial Crisis, 2008-2009. 676 $a330.9/0511 700 $aI?Avlinskii?$b G$g(Grigorii?)$01643063 701 $aBouis$b Antonina W$01603556 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910811913703321 996 $aRealeconomik$93988081 997 $aUNINA