Financial Crisis and the Failure of Economic Theory

Author:   Jorge Turmo Arnal ,  Jorge Turmo Arnal ,  Oscar Vara Crespo
Publisher:   Taylor & Francis Ltd
Volume:   2
ISBN:  

9781848935150


Pages:   208
Publication Date:   01 October 2014
Format:   Hardback
Availability:   In Print   Availability explained
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Financial Crisis and the Failure of Economic Theory


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Overview

The global financial crisis of 2008 was largely unpredicted. If economic theory has a role to play in predicting future catastrophes then the methods we rely on need to change. The authors of this study propose a new theory of economics based on more detailed understanding of how and why people behave as they do within their environment. This anthropological approach uses the strengths of many existing economic theories, including Keynesian and Austrian economics, to present a new framework for anticipating and averting the financial crises of the future.

Full Product Details

Author:   Jorge Turmo Arnal ,  Jorge Turmo Arnal ,  Oscar Vara Crespo
Publisher:   Taylor & Francis Ltd
Imprint:   Pickering & Chatto (Publishers) Ltd
Volume:   2
Dimensions:   Width: 15.60cm , Height: 1.30cm , Length: 23.40cm
Weight:   0.430kg
ISBN:  

9781848935150


ISBN 10:   1848935153
Pages:   208
Publication Date:   01 October 2014
Audience:   College/higher education ,  General/trade ,  Tertiary & Higher Education ,  General
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

Table of Contents

Introduction 1. The Financial Crisis and Modern Economics: From Surprise to Puzzlement 2. A Different Look to Economic Theory: The Anthropological Approach 3. The 'Building Blocks' of Modern Economics: We Do Really Need a Meta-Theory 4. The Meta-Theory at Work: A Case Study in Growth Theory and Real Business Cycle Theory 5. Governments and the Financial Crisis: Making Economic Policy in the Dark 6. Explaining More Complex Phenomena: The Financial System Final Remarks

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Author Information

Ãngel Rodriguez, Autonomous University of Madrid Jorge Turmo Arnal, Autonomous University of Madrid Oscar Vara Crespo, Autonomous University of Madrid

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