The road to recovery : how and why economic policy must change / Andrew Smithers.
Material type:
TextPublisher: Chichester, West Sussex : John Wiley & Sons Ltd, [2013]Description: xiii, 279 pages ; 24 cmContent type: - text
- unmediated
- volume
- 9781118515662 (cloth)
- 339.5 23
- HD87 .S59 2013
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| 339.5 MOD Modern monetary macroeconomics : | 339.5 PET General equilibrium, capital and macroeconomics : | 339.5 REI Reinventing functional finance : | 339.5 SMI The road to recovery : | 339.5 STA Stability with growth : | 339.5 STA Stability of the financial system : | 339.5091724 VEG Open economy macroeconomics in developing countries / |
Includes bibliographical references (pages 263-268) and index.
Argues that the neoclassical consensus governing global economic decision-making must be revised in order to avoid the next financial collapse. It argues that the current low interest rates and budget deficits have prevented the recession becoming a depression but that those policies cannot be continuously repeated and a new consensus for action must be found.
oif 16/06/15
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