Contents:
Introduction
Steven Kates
1. The Ordinary Economics of an Extraordinary Crisis
Peter J. Boettke and William J. Luther
2. Did Bernanke’s ‘Creditism’ Aggravate the Financial Crisis of
2008?
Tim Congdon
3. Toward a New Sustainable Economy
Robert Costanza
4. Looking at the Crisis through Marx – Or Is It the Other Way
About?
Ben Fine
5. Incentive Divergence and the Global Financial Crisis
J. Patrick Gunning
6. The Microeconomic Foundations of Macroeconomic Disorder: An
Austrian Perspective on the Great Recession of 2008
Steven Horwitz
7. The Crisis in Economic Theory: The Dead End of Keynesian
Economics
Steven Kates
8. The Coming Depression and the End of Economic Delusion
Steve Keen
9. Reflections on the Global Financial Crisis
J.E. King
10. An Islamic Economic Perspective on the Global Financial
Crisis
Mervyn Lewis
11. Bankers Gone Wild: The Crash of 2008
Robert E. Prasch
12. The Governance of Financial Transactions
Martin Ricketts
13. Excess Debt and Asset Deflation
Jan Toporowski
14. An Institutionalist Perspective on the Global Financial
Crisis
Charles J. Whalen
15. Minsky, the Global Money-Manager Crisis, and the Return of Big
Government
L. Randall Wray
Index
Edited by Steven Kates, Senior Fellow, Centre for Labour Market Research, University of Canberra, Australia
‘This admirable and comprehensive collection should prove of
interest to anyone seeking a deeper understanding of the financial
crisis.’
*Tyler Cowen, George Mason University, US*
‘The Great Crash of 2008 has raised profound questions concerning
the orientation of modern economics and the adequacy of its theory.
Those justifiably looking for alternatives will find this book
invaluable. It contains a rich array of alternative perspectives on
the crisis, and it will hopefully help stimulate the further
theoretical developments that are so urgently required.’
*Geoffrey M. Hodgson, University of Hertfordshire, UK*
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