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Routledge New Paradigms in Financial Economics - Keynes & Modern Crisis Analysis

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Description

This scholarly volume examines how John Maynard Keynes would approach reconstructing economic theory in light of contemporary financial crises and the failures of dominant economic frameworks. Drawing parallels between the 2008 global financial crisis and the economic upheaval of the 1930s, the book critiques the inadequacies of modern economic and financial disciplines that failed to predict or prevent self-destructive market phenomena. Part of the Routledge International Studies in Money and Banking series, this work explores how classical economic theory founders and current analytical frameworks have repeatedly demonstrated empirical and experimental shortcomings. The text offers a critical reassessment of standard economic paradigms and proposes alternative theoretical approaches grounded in Keynesian economics to address systemic vulnerabilities in contemporary financial systems.

Key Features

Examines Keynesian reconstruction of economics as a response to modern financial crises and theoretical inadequacies.

Draws historical parallels between the 2008 financial crisis and 1930s economic collapse to highlight recurring failures.

Part of the Routledge International Studies in Money and Banking series, volume 71, offering authoritative scholarly analysis.

Critiques dominant economic frameworks and their inability to prevent empirical and experimental failures in finance.

Explores alternative theoretical approaches grounded in classical economic thought for addressing systemic market vulnerabilities.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
26 October 2012
Listed Since
03 March 2012

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