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Economic Instability and Stabilization Policy : On the Path from Crises to State Directed Economies / by Ralf Pauly

Publisher (Wiesbaden : Springer Fachmedien Wiesbaden : Imprint: Springer)
Year 2021
Edition 1st ed. 2021.
Authors *Pauly, Ralf author
SpringerLink (Online service)

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OB00175040 Springer Economics and Finance eBooks (電子ブック) 9783658336264

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Material Type E-Book
Media type 機械可読データファイル
Size XVII, 221 p. 18 illus., 7 illus. in color : online resource
Notes Preface -- Chapter 1. Introduction: views on economic crises in the 21st century -- Chapter 2. A review of the history of the economy and its concepts: change is a constant -- Chapter 3. Keynes' and Minsky's macroeconomics -- Chapter 4. Outlook on the transformation of the market economy and its stabilization -- Chapter 5. Conclusion: changing economic policies -- References
This book pleads for a new orientation of government economic policy, as well as central bank policy, rejecting the traditional government stabilization policy that leads to a dead-end of economic instability and social inequality in the long run. Growing economic instability and increasing state stabilization characterize the development of the capitalist market economy since the major world economic crises of the last century. The book examines these crises and the measures states take to overcome them. Additionally, it addresses the effectiveness and consequences of state intervention. In presenting the main features of Keynes’ and Minsky’s macroeconomics, the book provides a conceptual basis for an outlook on government stabilization in a changing market economy. It thus also offers a suitable framework for current economic policy discussions. Finally, the book examines the wider context of economic history for lessons to be learned. This book is a must-read for scholars and students of economics, as well as policy-makers and practitioners, interested in a better understanding of macroeconomics, central bank policy, and the results of state intervention.
HTTP:URL=https://doi.org/10.1007/978-3-658-33626-4
Subjects LCSH:Macroeconomics
LCSH:Economics
LCSH:International economic relations
LCSH:Economic history
LCSH:Europe—Economic integration
FREE:Macroeconomics and Monetary Economics
FREE:Political Economy and Economic Systems
FREE:International Economics
FREE:Economic History
FREE:European Economic Integration
Classification LCC:HB172.5
DC23:339
ID 8000074162
ISBN 9783658336264

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