ENGLISH

How Crises Shaped Economic Ideas and Policies: Wiser After the Events?

By Nicos Christodoulakis

Book information

Publisher
Springer
Year
2015
ISBN
3319168703, 9783319168708
DOI
10.1007/978-3-319-16871-5
LCC
2015938161
Language
english
Format
PDF
Filesize
2 MB (1916271 bytes)
Pages
xiv+222\237
Topic
Economy
Orientation
yes
Paginated
yes
Scanned
portrait
Time added
2015-08-19 09:59:59
Methodology and the History of Economic Thought; E

Description

This book explores how successful the various tenets of economic thought have been in prognosticating or remedying economic crises. Examining key episodes in economic history, from famines in antiquity to present-day financial collapse, the author finds that several theories failed to cope with a crisis and lost their academic impact. The author also presents cases in which major theoretical innovations were achieved after the experience of a crisis as well as cases where a completely new theory was needed to explain and face the events. This book will appeal to researchers and scholars interested in understanding how theoretical developments in economics are affected by real-world economic crises.

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