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OverviewA critical examination of economics' past and future, and how it needs to change, by one of the most eminent political economists of our time The dominant view in economics is that money and government should play only a minor role in economic life. Economic outcomes, it is claimed, are best left to the invisible hand of the market. Yet these claims remain staunchly unsettled. The view taken in this important new book is that the omnipresence of uncertainty makes money and government essential features of any market economy. Since Adam Smith, classical economics has espoused non-intervention in markets. The Great Depression brought Keynesian economics to the fore; but stagflation in the 1970s brought a return to small-state orthodoxy. The 2008 global financial crash should have brought a reevaluation of that stance; instead the response has been punishing austerity and anemic recovery. This book aims to reintroduce Keynes's central insights to a new generation of economists, and embolden them to return money and government to the starring roles in the economic drama that they deserve. Full Product DetailsAuthor: Robert Skidelsky , John LescaultPublisher: Blackstone Publishing Imprint: Blackstone Publishing Edition: Library ed. ISBN: 9781982544676ISBN 10: 1982544678 Publication Date: 25 September 2018 Audience: General/trade , General Format: Audio Publisher's Status: Active Availability: In stock We have confirmation that this item is in stock with the supplier. It will be ordered in for you and dispatched immediately. Table of ContentsReviewsThe essential Keynes cannot be sketched in a chart or mechanized...But Robert Skidelsky has done us a service by putting it in a handy book. -- Times Literary Supplement (London) Author InformationRobert Skidelsky is emeritus professor of political economy at the University of Warwick. He is the author of many books, most notably a three-volume biography of John Maynard Keynes, and was made a life peer of the House of Lords in 1991. Patrick Cullen (a.k.a. John Lescault), a native of Massachusetts, is a graduate of the Catholic University of America. He lives in Washington, DC, where he works in theater. Tab Content 6Author Website:Countries AvailableAll regions |