Skidelsky, Robert (Author)
Yale University Press
Physical Details: 491
Language: English
A critical examination of economics, past and future, and how it needs to change, by one of the most eminent political economists of our time. The dominant view in economics is that money and government should play only minor roles in economic life. Economic outcomes, it is claimed, are best left to the "invisible hand" of the market. Yet these claims remain staunchly unsettled. The view taken in this important new book is that the omnipresence of uncertainty makes money and government essential features of any market economy. Since Adam Smith, classical economics has espoused non-intervention in markets. The Great Depression brought Keynesian economics to the fore, but stagflation in the 1970s brought a return to small-state orthodoxy. The 2008 global financial crash should have brought a reevaluation of that stance; instead the response has been punishing austerity and anemic recovery. This book aims to reintroduce Keynes's central insights to a new generation of economists, and embolden them to return money and government to the starring roles in the economic drama that they deserve.
...MoreReview Hugh Rockoff (Spring 2020) Review of "Money and government: The past and future of economics". Business History Review (pp. 257-261).
Similar Citations
Book
Jim Tomlinson;
(2017)
Managing the Economy, Managing the People: Narratives of Economic Life in Britain, from Beveridge to Brexit
(/isis/citation/CBB127782718/)
Book
Conway, Erik M.;
Oreskes, Naomi;
(2023-02-21)
The Big Myth: How American Business Taught Us to Loathe Government and Love the Free Market
(/isis/citation/CBB797392415/)
Book
Chris Miller;
(2019)
Putinomics: Power and Money in Resurgent Russia
(/isis/citation/CBB072110552/)
Article
Jonathan Levy;
(2017)
Capital as Process and the History of Capitalism
(/isis/citation/CBB508309992/)
Book
Jeffrey Sklansky;
(2017)
Sovereign of the Market: The Money Question in Early America
(/isis/citation/CBB762518399/)
Book
Rebecca E. Karl;
(2017)
The Magic of Concepts: History and the Economic in Twentieth-Century China
(/isis/citation/CBB898413640/)
Article
Erbs, Laurent;
(2013)
Échelles et territoires du salaire en Moselle au tournant des années 1944--1948
(/isis/citation/CBB001510208/)
Article
Carroll Pursell;
(2011)
The American Patent Agency: The Embedded 'Lone Inventor' in American History
(/isis/citation/CBB562500065/)
Article
Le Maux, Laurent;
(2012)
The Banking School and the Law of Reflux in General
(/isis/citation/CBB001451817/)
Article
William H, Jr. Sewell;
(2020)
The Cultural History of Capitalism in France (With a Chicago touch)
(/isis/citation/CBB282715611/)
Book
S. Ravi Rajan;
Lise Sedrez;
(2018)
The great convergence : Environmental histories of BRICS
(/isis/citation/CBB556602581/)
Book
Manuela Mosca;
(2018)
Monopoly power and competition : The Italian marginalist perspective
(/isis/citation/CBB805303838/)
Book
Tirthankar Roy;
Anand V. Swamy;
(2016)
Law and the Economy in Colonial India
(/isis/citation/CBB211494543/)
Book
Scott Rozelle;
(2020)
Invisible China : How the urban-rural divide threatens China's rise
(/isis/citation/CBB539796489/)
Book
Kristy Ironside;
(2021)
A full-value ruble: The promise of prosperity in the postwar Soviet Union
(/isis/citation/CBB457658536/)
Book
James P. Woodard;
(2020)
Brazil's revolution in commerce: creating consumer capitalism in the American century
(/isis/citation/CBB822816877/)
Article
Anna Simon-Stickley;
(2021)
Energy in the Anthropocene: How the concept of energy shaped both our current crisis and its professed solution
(/isis/citation/CBB983863186/)
Book
Christopher Kobrak;
Joe Martin;
(2018)
From Wall Street to Bay Street: The Origins and Evolution of American and Canadian Finance
(/isis/citation/CBB898988875/)
Book
Kenneth Amaeshi;
Adun Okupe;
Uwafiokun Idemudia;
(2018)
Africapitalism: Rethinking the Role of Business in Africa
(/isis/citation/CBB578256998/)
Book
Barry Eichengreen;
Livia Chiţu;
Arnaud Mehl;
(2018)
How Global Currencies Work: Past, Present, and Future
(/isis/citation/CBB520147376/)
Be the first to comment!