LEADER 04099nam 2200661Ia 450 001 9910818854303321 005 20230803020322.0 010 $a1-4008-4664-1 010 $a1-299-14909-X 024 7 $a10.1515/9781400846641 035 $a(CKB)2550000001000917 035 $a(EBL)1084824 035 $a(OCoLC)824353628 035 $a(SSID)ssj0000819054 035 $a(PQKBManifestationID)11430468 035 $a(PQKBTitleCode)TC0000819054 035 $a(PQKBWorkID)10844642 035 $a(PQKB)11020846 035 $a(MiAaPQ)EBC1084824 035 $a(MdBmJHUP)muse43422 035 $a(DE-B1597)453873 035 $a(OCoLC)979835650 035 $a(DE-B1597)9781400846641 035 $a(Au-PeEL)EBL1084824 035 $a(CaPaEBR)ebr10643944 035 $a(CaONFJC)MIL446159 035 $a(EXLCZ)992550000001000917 100 $a20120817d2013 uy 0 101 0 $aeng 135 $aur|||||||nn|n 181 $ctxt 182 $cc 183 $acr 200 14$aThe leaderless economy$b[electronic resource] $ewhy the world economic system fell apart and how to fix it /$fPeter Temin and David Vines 205 $aCourse Book 210 $aPrinceton, NJ $cPrinceton University Press$d2013 215 $a1 online resource (329 p.) 300 $aDescription based upon print version of record. 311 $a0-691-15743-X 320 $aIncludes bibliographical references and index. 327 $tFront matter --$tCONTENTS --$tPREFACE --$tONE. The World Economy Is Broken --$tTWO. The British Century and the Great Depression --$tTHREE. Keynes from the Macmillan Committee to Bretton Woods --$tFOUR .The American Century and the Global Financial Crisis --$tFIVE. Restoring International Balance in Europe --$tSIX. Restoring International Balance in the World --$tSEVEN. Using Theory to Learn from History --$tAPPENDIX --$tNOTES --$tREFERENCES --$tINDEX 330 $aThe Leaderless Economy reveals why international financial cooperation is the only solution to today's global economic crisis. In this timely and important book, Peter Temin and David Vines argue that our current predicament is a catastrophe rivaled only by the Great Depression. Taking an in-depth look at the history of both, they explain what went wrong and why, and demonstrate why international leadership is needed to restore prosperity and prevent future crises. Temin and Vines argue that the financial collapse of the 1930's was an "end-of-regime crisis" in which the economic leader of the nineteenth century, Great Britain, found itself unable to stem international panic as countries abandoned the gold standard. They trace how John Maynard Keynes struggled for years to identify the causes of the Great Depression, and draw valuable lessons from his intellectual journey. Today we are in the midst of a similar crisis, one in which the regime that led the world economy in the twentieth century--that of the United States--is ending. Temin and Vines show how America emerged from World War II as an economic and military powerhouse, but how deregulation and a lax attitude toward international monetary flows left the nation incapable of reining in an overleveraged financial sector and powerless to contain the 2008 financial panic. Fixed exchange rates in Europe and Asia have exacerbated the problem. The Leaderless Economy provides a blueprint for how renewed international leadership can bring today's industrial nations back into financial balance--domestically and between each other. 606 $aEconomic policy 606 $aInternational economic relations 606 $aGlobal Financial Crisis, 2008-2009$xGovernment policy 615 0$aEconomic policy. 615 0$aInternational economic relations. 615 0$aGlobal Financial Crisis, 2008-2009$xGovernment policy. 676 $a320.6 700 $aTemin$b Peter$0121039 701 $aVines$b David$0120880 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910818854303321 996 $aThe leaderless economy$93950692 997 $aUNINA