Financial Crisis and the Failure of Economic Theory
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A01=Jorge Turmo Arnal
Aggregate Human Capital
Allocative Process
anthropological economics
Author_Jorge Turmo Arnal
behavioural finance
Category=KCA
Category=KCZ
Chinese Government
CPI Inflation Rate
Dotcom Crisis
economic meta-theory
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
Federal Reserve
Federal Reserve's Balance Sheet
Federal Reserve’s Balance Sheet
Gdp Decrease
GDP Figure
Gdp Growth
Gdp Increase
Gdp Loss
Global Imbalances
Impulse Mechanism
interdisciplinary crisis prediction framework
Keynesian versus Austrian approaches
Micro-economic Foundations
policy response analysis
RBC
RBC Model
real business cycle models
Real Business Cycle Theory
Research Programmes
Shadow Banking
Soft Landing Process
Solow's Model
Solow’s Model
Technological Shocks
Unconventional Monetary Policy
Vice Versa
Product details
- ISBN 9780367669270
- Weight: 380g
- Dimensions: 156 x 234mm
- Publication Date: 30 Sep 2020
- Publisher: Taylor & Francis Ltd
- Publication City/Country: GB
- Product Form: Paperback
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The global financial crisis of 2008 was largely unpredicted. If economic theory has a role to play in predicting future catastrophes then the methods we rely on need to change. The authors of this study propose a new theory of economics based on more detailed understanding of how and why people behave as they do within their environment. This anthropological approach uses the strengths of many existing economic theories, including Keynesian and Austrian economics, to present a new framework for anticipating and averting the financial crises of the future.
Ãngel Rodriguez, Autonomous University of Madrid
Jorge Turmo Arnal, Autonomous University of Madrid
Oscar Vara Crespo, Autonomous University of Madrid
