In the Long Run We Are All Dead - Keynesianism, Political Economy, and Revolution Mann GeoffPaperback
In the Long Run We Are All Dead - Keynesianism, Political Economy, and Revolution Mann GeoffPaperback A groundbreaking debunking of moderate attempts to resolve financial crisesIn the ruins of the…
Specifikacia In the Long Run We Are All Dead - Keynesianism, Political Economy, and Revolution Mann GeoffPaperback
In the Long Run We Are All Dead - Keynesianism, Political Economy, and Revolution Mann GeoffPaperback
A groundbreaking debunking of moderate attempts to resolve financial crisesIn the ruins of the 2007-2008 financial crisis, self-proclaimed progressives the world over clamored to resurrect the economic theory of John Maynard Keynes. Keynesian political economy, in contrast, could put the state back at the heart of the economy and arm it with the knowledge needed to rescue us. The crisis seemed to expose the disaster of small-state, free-market liberalization and deregulation.
Was it the end of capitalism or the end of the world? But what it was supposed to rescue us from was not so clear. For Keynesianism, the answer is both.
Keynesians are not and never have been out to save capitalism, but rather to save civilization from itself. It is political economy, they promise, for the world in which we actually live: a world in which prices are "sticky," information is