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Author: Lance Taylor
Publisher: Harvard University Press
ISBN: 0674050460
Category : Business & Economics
Languages : en
Pages : 399
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Book Description
It is now widely agreed that mainstream macroeconomics is irrelevant and that there is need for a more useful and realistic economic analysis that can provide a better understanding of the ongoing global financial and economic crisis. Lance Taylor’s book exposes the unrealistic assumptions of the rational expectations and real business cycle approaches and of mainstream finance theory. It argues that in separating monetary and financial behavior from real behavior, they do not address the ways that consumption, accumulation, and the government play in the workings of the economy. Taylor argues that the ideas of J. M. Keynes and others provide a more useful framework both for understanding the crisis and for dealing with it effectively. Keynes’s basic points were fundamental uncertainty and the absence of Say’s Law. He set up machinery to analyze the macro economy under such circumstances, including the principle of effective demand, liquidity preference, different rules for determining commodity and asset prices, distinct behavioral patterns of different collective actors, and the importance of thinking in terms of complete macro accounting schemes. Economists working in this tradition also worked out growth and cycle models. Employing these ideas throughout Maynard’s Revenge, Taylor provides an analytical narrative about the causes of the crisis, and suggestions for dealing with it.
Author: Lance Taylor
Publisher: Harvard University Press
ISBN: 0674050460
Category : Business & Economics
Languages : en
Pages : 399
Get Book Here
Book Description
It is now widely agreed that mainstream macroeconomics is irrelevant and that there is need for a more useful and realistic economic analysis that can provide a better understanding of the ongoing global financial and economic crisis. Lance Taylor’s book exposes the unrealistic assumptions of the rational expectations and real business cycle approaches and of mainstream finance theory. It argues that in separating monetary and financial behavior from real behavior, they do not address the ways that consumption, accumulation, and the government play in the workings of the economy. Taylor argues that the ideas of J. M. Keynes and others provide a more useful framework both for understanding the crisis and for dealing with it effectively. Keynes’s basic points were fundamental uncertainty and the absence of Say’s Law. He set up machinery to analyze the macro economy under such circumstances, including the principle of effective demand, liquidity preference, different rules for determining commodity and asset prices, distinct behavioral patterns of different collective actors, and the importance of thinking in terms of complete macro accounting schemes. Economists working in this tradition also worked out growth and cycle models. Employing these ideas throughout Maynard’s Revenge, Taylor provides an analytical narrative about the causes of the crisis, and suggestions for dealing with it.
Author: Meghnad Desai
Publisher: Verso Books
ISBN: 1789609453
Category : Business & Economics
Languages : en
Pages : 593
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Book Description
In this provocative and enthusiastically revisionist book, the distinguished economist Meghnad Desai argues that capitalism's recent efflorescence is something Karl Marx anticipated and indeed would, in a certain sense, have welcomed. Capitalism, as Marx understood it, would only reach its limits when it was no longer capable of progress. Desai argues that globalization, in bringing the possibility of open competition on world markets to producers in the Third World, has proved that capitalism is still capable of moving forwards. Marx's Revenge opens with a consideration of the ideas of Adam Smith and Hegel. It proceeds to look at the nuances in the work of Marx himself, and concludes with a survey of more recent economists who studied capitalism and attempted to unravel its secrets, including Joseph Schumpeter, John Maynard Keynes and Friedrich Hayek.
Author: Katherine Maynard
Publisher: Routledge
ISBN: 1136990127
Category : History
Languages : en
Pages : 229
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Book Description
In the wake of Guantanamo Bay, extraordinary renditions, and secret torture centres in Eastern Europe and elsewhere, Revenge versus Legality addresses the relationship between law and wild or vigilante justice; between the power to enforce retribution and the desire to seek revenge. Taking up a variety of narratives from the eras of Romanticism, Realism, Modernism and the Contemporary period, and including new theories to explain the interactions that occur between legalistic courtroom justice and the vigilante variety, Revenge versus Legality analyzes some of the main obstacles to justice, ranging from judicial corruption, to racism and imperialism. The book culminates in a consideration of that form of crime or lawlessness that poses the most serious threat to the rule of law: vigilante justice masquerading as legality. With its mixture of politics, literature, law, and film, this lively and accessible book offers a timely reflection on the enduring phenomenon of revenge.
Author: Roger E. Backhouse
Publisher: Harvard University Press
ISBN: 0674062841
Category : Biography & Autobiography
Languages : en
Pages : 208
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Book Description
The Great Recession of 2008 restored John Maynard Keynes to prominence. After decades when the Keynesian revolution seemed to have been forgotten, the great British theorist was suddenly everywhere. The New York Times asked, “What would Keynes have done?” The Financial Times wrote of “the undeniable shift to Keynes.” Le Monde pronounced the economic collapse Keynes’s “revenge.” Two years later, following bank bailouts and Tea Party fundamentalism, Keynesian principles once again seemed misguided or irrelevant to a public focused on ballooning budget deficits. In this readable account, Backhouse and Bateman elaborate the misinformation and caricature that have led to Keynes’s repeated resurrection and interment since his death in 1946. Keynes’s engagement with social and moral philosophy and his membership in the Bloomsbury Group of artists and writers helped to shape his manner of theorizing. Though trained as a mathematician, he designed models based on how specific kinds of people (such as investors and consumers) actually behave—an approach that runs counter to the idealized agents favored by economists at the end of the century. Keynes wanted to create a revolution in the way the world thought about economic problems, but he was more open-minded about capitalism than is commonly believed. He saw capitalism as essential to a society’s well-being but also morally flawed, and he sought a corrective for its main defect: the failure to stabilize investment. Keynes’s nuanced views, the authors suggest, offer an alternative to the polarized rhetoric often evoked by the word “capitalism” in today’s political debates.
Author: Herman Raucher
Publisher: Diversion Books
ISBN: 1626818096
Category : Fiction
Languages : en
Pages : 301
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Book Description
“Told with icy precision of eye and ear and a wink of wicked humor . . . First-rate haunted-house creepiness” from the bestselling author of Summer of ’42 (Kirkus Reviews). Austin Fletcher, a disturbed young Vietnam War vet, is willed a small house deep in the woods of northern Maine. He comes to own it by the generosity of a brother-in-arms—a fellow soldier and confidante, Maynard Whittier, killed in action by a wayward mortar shell. The rugged landscape of Maine is an intoxicating blend of claustrophobic interiors and endless frozen wastelands. Little by little, the mysterious force in the house asserts itself until Austin isn’t exactly sure what is in his mind and what is real. And just when our hero’s had enough and is ready to quit the place, a blizzard arrives and the real haunting begins. “An unsettling experience . . . Confounding, touching and well-written.” —The New York Times Book Review
Author: Rudolph Delson
Publisher: Houghton Mifflin Harcourt
ISBN: 0618834486
Category : Fiction
Languages : en
Pages : 367
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Book Description
Exuberantly illuminating much that is true and often horrifying about modern life, Delsons uproarious and deeply moving novel remains at heart a love story.
Author: Eric Flore
Publisher: Xlibris Corporation
ISBN: 1664158146
Category : Fiction
Languages : en
Pages : 603
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Book Description
War has broken loose over Tony Vero. The golden boy of a secret crime syndicate protected by hell itself, the Family burns him on a job gone sour. Tony finds an out: The Family’s drug dealer goes missing. Tony places himself at odds with the syndicate by leveraging finding their missing man for his freedom. As Tony flirts with forbidden love with the fiery Kay Falco, he doesn’t realize his investigation sets him at odds with three dangerous factions, each more sinister than the last. All three want his life, and a government investigation puts a bullseye on him. Nor could he foresee God sending a devoted detective and an inner-city prayer warrior to battle for his soul. Violent men, God’s praying people and hell’s brute criminals, wage war for Tony Vero. Who will win?
Author: Alma Bond
Publisher: iUniverse
ISBN: 0595458963
Category : Fiction
Languages : en
Pages : 188
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Book Description
Dr. Marcia Maynard, famous child psychoanalyst and infant researcher, was murdered in her bed at the El Dorado Apartment House in Manhattan by an unknown killer. Psychoanalyst Mary Wells helps solve the mystery with her astute analytical and psychological skills. In conjunction with her lover Detective John Franklin, they are an almost unstoppable team. Dr. Wells and Lt. Franklin are devastated to hear that his "Auntie Marcie" and Well's colleague and former analyst has been murdered. The pair, who are both in mourning for Maynard, need all their wits about them as they question her colleagues, staff, and friends. Finding someone angry enough to kill Maynard was not difficult, as many people had been mistreated by the doctor. The suspects included her beautiful Indian housekeeper, Asha Rupashi, whom Maynard continually abused and who was a beneficiary in Maynard's will, her chief associate for 30 years, Dr. James Whirter, a man her colleagues said she treated "like a lapdog," Rogerio Chavez, a Chinese restaurant delivery man, whom Maynard had insulted and infuriated, and several suitors whom she had rejected. The book ends with the killer opening up under ingenious psychological questioning by Dr. Wells, who then falls into Lt. Franklin's arms.
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 68
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Book Description
Author: Natalie Sumner Lincoln
Publisher:
ISBN:
Category : Chess
Languages : en
Pages : 336
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Book Description
