The road to recovery : how and why economic policy must change /
Smithers, Andrew
The road to recovery : how and why economic policy must change / Andrew Smithers. - xiii, 279 pages ; 24 cm
Includes bibliographical references (pages 263-268) and index.
1 Introduction
2 Why the Recovery Has Been So Weak
3 Alternative Explanations for Today's Low Business Investment and High Profit Margins
4 Forecasting Errors in the UK and the US
5 Cyclical or Structural : The Key Issue for Policy
6 The Particular Problem of Finance and Banking
7 Japan Has a Similar Problem with a Different Cause
8 The End of the Post-War Era
9 Misinformation as a Barrier to Sound Policy Decisions
10 Avoiding Future Financial Crises
11 The Current High Level of Risk
12 Inflation
13 Prospects Not Forecasts
14 Tackling the Bonus Culture
15 The Need for Change in Economic Theory and the Resistance to It
16 Summary and Conclusions
Providing practical guidance on reducing government, household and business debt, a well-respected economist stresses the importance of revising the neoclassical consensus governing global-economic decision-making to avoid the next financial collapse
9781118515662 (cloth) 1118515668 (cloth)
2013026697
Economic policy.
Política económica
Financial crises--Prevention.
Crisis financiera --Prevención
HD 87 / S664r 2013
339.5
The road to recovery : how and why economic policy must change / Andrew Smithers. - xiii, 279 pages ; 24 cm
Includes bibliographical references (pages 263-268) and index.
1 Introduction
2 Why the Recovery Has Been So Weak
3 Alternative Explanations for Today's Low Business Investment and High Profit Margins
4 Forecasting Errors in the UK and the US
5 Cyclical or Structural : The Key Issue for Policy
6 The Particular Problem of Finance and Banking
7 Japan Has a Similar Problem with a Different Cause
8 The End of the Post-War Era
9 Misinformation as a Barrier to Sound Policy Decisions
10 Avoiding Future Financial Crises
11 The Current High Level of Risk
12 Inflation
13 Prospects Not Forecasts
14 Tackling the Bonus Culture
15 The Need for Change in Economic Theory and the Resistance to It
16 Summary and Conclusions
Providing practical guidance on reducing government, household and business debt, a well-respected economist stresses the importance of revising the neoclassical consensus governing global-economic decision-making to avoid the next financial collapse
9781118515662 (cloth) 1118515668 (cloth)
2013026697
Economic policy.
Política económica
Financial crises--Prevention.
Crisis financiera --Prevención
HD 87 / S664r 2013
339.5