Towards a general theory of deep downturns : Presidential Address from the 17th World Congress of the International Economic Association in 2014

Bibliographic Information

Towards a general theory of deep downturns : Presidential Address from the 17th World Congress of the International Economic Association in 2014

Joseph E. Stiglitz

(International Economic Association conference volume, no. 155-6)(International Economic Association series)(Palgrave pivot)

Palgrave Macmillan, 2016

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Note

"This book is based on the Presidential Address from the 17th World Congress of the International Economic Association, Dead Sea, Jordan, June, 2014"--Acknowledgment

References: p. 64-71

Description and Table of Contents

Description

Joseph Stiglitz examines the theory behind the economic downturns that have plagued our world in recent times. This fascinating three-part lecture acknowledges the failure of economic models to successfully predict the 2008 crisis and explores alternative models which, if adopted, could potentially restore a stable and prosperous economy.

Table of Contents

Introduction 1. Three Fundamental Questions 2. Three Strands of Theory 3. The Capitalist Economy as a Credit Economy Concluding Remarks: The Crisis in Economics Bibliography

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