Economics for Sustainable Prosperity (eBook)

Steven Hail (Autor)

eBook Download: PDF

2018 | 1st ed. 2018
XI, 289 Seiten
Springer International Publishing (Verlag)
978-3-319-90981-3 (ISBN)

Infos

The central argument of this book is that the foundations for sustainable prosperity lie in an approach to economic management based on modern monetary theory and a job guarantee. This approach builds on the work of Keynes, Kalecki, Minsky, Davidson, Godley and other Post- Keynesian economists-as well as research by behavioral economists including Simon, Kahneman and Loewenstein-to explore the role that a permanent, equitable job guarantee could play in building an inclusive, participatory and just society. Orthodox (neoclassical) economics, in its various forms, has failed to deliver sustainable prosperity. An important reason for this failure is its lack of realistic foundations. It misrepresents both human nature and economic institutions, and its use as a frame for the development and assessment of economic policy proposals has had disastrous consequences for social inclusion and the quality of life of millions of people. This book discusses an alternative, more realistic and more useful set of economic foundations, which could deliver the opportunity of a decent quality of life with dignity to all. 

Steven Hail is a Research Scholar at the Binzagr Institute for Sustainable Prosperity and a Lecturer in the School of Economics at the University of Adelaide in South Australia. During the 1990s, he trained staff from many international banks and the Bank of England. He now teaches modern monetary theory and regularly writes magazine articles and appears in podcasts relating to MMT. 

Inhalt

1. Introduction: Searching for a New Economics2. ‘Real’ Analysis of an Unreal World3. New Wisdom from Old Books4. Behavioral Foundations5. Modern Monetary Theory6. Stock-Flow Consistent Monetary Economics7. A Job Guarantee8. Conclusion: Economics for Sustainable Prosperity 

Produkt-Details

• Erscheint lt. Verlag: 11.5.2018
• Reihe/Serie: Binzagr Institute for Sustainable Prosperity
• Reihe/Serie: Binzagr Institute for Sustainable Prosperity
• Zusatzinfo: XI, 289 p. 24 illus.
• Verlagsort: Cham
• Sprache: englisch
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management ► Unternehmensführung / Management
• Themenwelt: Wirtschaft ► Volkswirtschaftslehre
• Schlagworte: Behavioral Economics • Heterodox economics • job guarantee • Kalecki • Keynesian Economics • Loewenstein • Minksky • Modern Monetary Theory • Post-Keynesian economics • Stock-Flow consistent macroeconomics • sustainability
• ISBN-10: 3-319-90981-9 / 3319909819
• ISBN-13: 978-3-319-90981-3 / 9783319909813