Book description
A Great Leap Forward: Heterodox Economic Policy for the 21st Century investigates economic policy from a heterodox and progressive perspective. Author Randall Wray uses relatively short chapters arranged around several macroeconomic policy themes to present an integrated survey of progressive policy on topics of interest today that are likely to remain topics of interest for many years.
- Rejects neoclassical orthodoxy as the appropriate tool for understanding 21st century economic and social life
- Considers subjects such as innovation and technological progress
- Explores public institutions, global trade, and financial regulation
Table of contents
- Cover image
- Title page
- Table of Contents
- Copyright
- Acknowledgment
- Introduction
-
Part A. The trouble with financialization
- I. What causes financial crises?
- II. The rise of financialization, neocons, and the ownership society
- III. The dark recesses of the financial system: why no one saw “it” coming
- IV. The global financial crisis explained
- V. The role of lender fraud
- VI. The four developments that precipitated the crisis
- VII. Fraud as a business model
- VIII. The Wall Street bailout
- IX. Why we are screwed: it will happen again
- X. Did we learn anything from the crisis?
- XI. The end of money manager capitalism?
- Part B. The road to social progress
- Part C. Tackling poverty and inequality. The road to full employment and price stability
- Part D. Money and the public purpose
- Index
Product information
- Title: A Great Leap Forward
- Author(s):
- Release date: January 2020
- Publisher(s): Academic Press
- ISBN: 9780128193815
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