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Zombie Economics: How Dead Ideas Still Walk Among Us by John Quiggin (English) P

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ISBN-13
9780691154541
Book Title
Zombie Economics
ISBN
9780691154541
Publication Year
2012
Type
Textbook
Format
Paperback
Language
English
Publication Name
Zombie Economics: How Dead Ideas Still Walk Among Us
Item Height
216 mm
Author
John Quiggin
Publisher
Princeton University Press
Subject
Economics
Item Weight
255 g
Item Width
140 mm
Number of Pages
288 Pages

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Product Information

In the graveyard of economic ideology, dead ideas still stalk the land. The recent financial crisis laid bare many of the assumptions behind market liberalism - the theory that market-based solutions are always best, regardless of the problem. For decades, their advocates dominated mainstream economics, and their influence created a system where an unthinking faith in markets led many to view speculative investments as fundamentally safe. The crisis seemed to have killed off these ideas, but they still live on in the minds of many - members of the public, commentators, politicians, economists, and even those charged with cleaning up the mess. In Zombie Economics, John Quiggin explains how these dead ideas still walk among us - and why we must find a way to kill them once and for all if we are to avoid an even bigger financial crisis in the future. Zombie Economics takes the reader through the origins, consequences, and implosion of a system of ideas whose time has come and gone. These beliefs - that deregulation had conquered the financial cycle, that markets were always the best judge of value, that policies designed to benefit the rich made everyone better off - brought us to the brink of disaster once before, and their persistent hold on many threatens to do so again. Because these ideas will never die unless there is an alternative, Zombie Economics also looks ahead at what could replace market liberalism, arguing that a simple return to traditional Keynesian economics and the politics of the welfare state will not be enough - either to kill dead ideas, or prevent future crises. In a new chapter, Quiggin brings the book up to date with a discussion of the re-emergence of pre-Keynesian ideas about austerity and balanced budgets as a response to recession. 'When I put on my economist's hat, I admire my field's ability to publicly hang its soiled laundry in public. I encourage my colleagues in sociology, psychology, and management to read this book and leverage it to lead to a more integrated social science and, perhaps, a more socially aware economic science.' - Brent Goldfarb, Administrative Science Quarterly 'Entertaining and thought-provoking...[W]orks as a good summary for non-specialists of how the economics debate has developed.' - Philip Coggan, Economist 'Quiggin is a writer of great verve who marshals some powerful evidence.' -Financial Times

Product Identifiers

Publisher
Princeton University Press
ISBN-13
9780691154541
eBay Product ID (ePID)
113850704

Product Key Features

Number of Pages
288 Pages
Language
English
Publication Name
Zombie Economics: How Dead Ideas Still Walk Among Us
Publication Year
2012
Subject
Economics
Type
Textbook
Author
John Quiggin
Format
Paperback

Dimensions

Item Height
216 mm
Item Weight
255 g
Item Width
140 mm

Additional Product Features

Country/Region of Manufacture
United States
Title_Author
John Quiggin

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