Zombie Economics : : How Dead Ideas Still Walk among Us / / John Quiggin.

• Superior document: Title is part of eBook package: De Gruyter Princeton University Press eBook-Package Backlist 2000-2013
• VerfasserIn: Quiggin, John,
• Place / Publishing House: Princeton, NJ : : Princeton University Press, , [2012]; ©2012
• Year of Publication: 2012
• Language: English
• Physical Description: 1 online resource (288 p.) :; 4 line illus.

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 economi...

Table of Contents

• Frontmatter
• Contents
• Preface to the Paperback Edition
• Preface to the First Edition
• Introduction
• Chapter 1. The Great Moderation
• Introduction
• Birth: Calm after the Storms
• Life: The Great Risk Shift
• Death: The Dissenters and Their Vindication
• Reanimation: A Global Crisis or a Transitory Blip?
• After the Zombies: Rethinking the Experience of the Twentieth Century
• Further Reading
• Chapter 2. The Efficient Markets Hypothesis
• Introduction
• Birth: From Casino to Calculating Machine
• Life: Black-Scholes, Bankers, and Bubbles
• Death: The Crisis of 2008
• Reanimation: Chicago Revives the Dead
• After the Zombies: The State and the Market
• Further Reading
• Chapter 3 Dynamic Stochastic General Equilibrium
• Introduction
• Birth: From the Phillips Curve to the NAIRU, and Beyond
• Life: Rationality and the Representative Agent
• Death: How Did Economists Get It So Wrong?
• Reanimation: How Obama Caused the Global Financial Crisis
• After the Zombies: Toward a Realistic Macroeconomics
• Further Reading
• Chapter 4. Trickle -down Economics
• Introduction
• Birth: From Supply-side Economics to Dynamic Scoring
• Life: Excuses for Inequality
• Death: The Rich Get Richer and the Poor Go Nowhere
• Reanimation: Mobility without Movement
• After the Zombies: Economics, Inequality, and Equity
• Further Reading
• Chapter 5. Privatization
• Introduction
• Birth: We Are All Market Liberals Now
• Life: A Policy in Search of a Rationale
• Death: Puzzles and Failures
• Reanimation: Dead for Good?
• After the Zombies: The Mixed Economy
• Further Reading
• Chapter 6. Expansionary Austerity
• Introduction
• Birth: The Treasury View
• Life: The Great Depression
• Death: The Success of Keynesianism
• Reanimation: Expansionary Austerity and the Euro
• After the Zombies: The Case for Hard Keynesianism
• Further Reading
• Conclusion. Economics for the Twenty -first Century
• Rethinking the Experience of the Twentieth Century
• A New Approach to Risk and Uncertainty
• What Is Needed in Economics
• References
• Index