rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    non sort: The
    title: Global Crisis of 2008 and Keynes's General Theory
  name:
    name part: Čaušević, Fikret.
    role:
      role term: creator
    role:
      role term: author.
  name:
    name part: SpringerLink (Online service)
  type of resource: text
  origin info:
    place:
      place term: gw
    date issued: 2015
    issuance: monographic
  language:
    language term: eng
  physical description:
    form: electronic
    form: electronic resource
    reformatting quality: access
    form: remote
    extent: XII, 99 p. 17 illus. online resource.
  abstract: This 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.
  table of contents: Economic 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.
  note: by Fikret Čaušević.
  subject:
    topic: Economic history
  subject:
    topic: Economic theory
  subject:
    topic: Macroeconomics
  subject:
    topic: Economic policy
  subject:
    topic: Economics
  subject:
    topic: Methodology/History of Economic Thought
  subject:
    topic: Economic Policy
  subject:
    topic: Economic Theory/Quantitative Economics/Mathematical Methods
  subject:
    topic: Macroeconomics/Monetary Economics//Financial Economics
  classification: HC10-1085
  classification: 330.1509
  related item:
    title info:
      title: Springer eBooks
  related item:
    title info:
      title: SpringerBriefs in Economics
  identifier: 9783319114514
  identifier: http://dx.doi.org/10.1007/978-3-319-11451-4
  record info:
    record creation date: 140916
    record change date: 20151204183243.0
    record identifier: 978-3-319-11451-4