Secular Stagnation Theories

Download Secular Stagnation Theories full books in PDF, epub, and Kindle. Read online Secular Stagnation Theories ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!

Secular Stagnation Theories

Author : Christina Anselmann
Publisher : Springer Nature
ISBN 13 : 3030410870
Total Pages : 336 pages
Book Rating : 4.0/5 (34 download)

DOWNLOAD NOW!

Book Synopsis Secular Stagnation Theories by : Christina Anselmann

Download or read book Secular Stagnation Theories written by Christina Anselmann and published by Springer Nature. This book was released on 2020-04-17 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: In light of weak economic performances and rising income disparities across the developed world during the past decades, this book provides a comprehensive overview of secular stagnation theories in the history of economic thought and examines the role of income distribution in various stagnation hypotheses. By offering a historical perspective, from the classical economists to the most recent stagnation debate of the early twenty-first century, the author shows that most stagnation theories were developed in periods of high and/or rising income disparities. Eventually, it was Josef Steindl, one of the least recognized stagnationists in the history of economic thought, who put the distribution of income at the heart of his stagnation theory. While Josef Steindl focused on the nexus between the functional distribution of income and economic growth, this book includes the personal distribution of income in a Kaleckian-Steindlian model of economic growth and stagnation. In the model presented, the nexus between economic growth and the distribution of income is a priori uncertain, depending on the type of economic shock and the specific economic circumstances. The author also discusses various empirically oriented policy implications aimed at fostering both economic growth and a more equal distribution of income. This book appeals to scholars in economics and the history of economic thought interested in economic growth, secular stagnation, and income distribution.

The Great Stagnation

Author : Tyler Cowen
Publisher : Penguin
ISBN 13 : 1101502258
Total Pages : 71 pages
Book Rating : 4.1/5 (15 download)

DOWNLOAD NOW!

Book Synopsis The Great Stagnation by : Tyler Cowen

Download or read book The Great Stagnation written by Tyler Cowen and published by Penguin. This book was released on 2011-01-25 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tyler Cowen’s controversial New York Times bestseller—the book heard round the world that ignited a firestorm of debate and redefined the nature of America’s economic malaise. America has been through the biggest financial crisis since the great Depression, unemployment numbers are frightening, media wages have been flat since the 1970s, and it is common to expect that things will get worse before they get better. Certainly, the multidecade stagnation is not yet over. How will we get out of this mess? One political party tries to increase government spending even when we have no good plan for paying for ballooning programs like Medicare and Social Security. The other party seems to think tax cuts will raise revenue and has a record of creating bigger fiscal disasters that the first. Where does this madness come from? As Cowen argues, our economy has enjoyed low-hanging fruit since the seventeenth century: free land, immigrant labor, and powerful new technologies. But during the last forty years, the low-hanging fruit started disappearing, and we started pretending it was still there. We have failed to recognize that we are at a technological plateau. The fruit trees are barer than we want to believe. That's it. That is what has gone wrong and that is why our politics is crazy. In The Great Stagnation, Cowen reveals the underlying causes of our past prosperity and how we will generate it again. This is a passionate call for a new respect of scientific innovations that benefit not only the powerful elites, but humanity as a whole.

From the Classical School to Today

Author : Francis J. Lukacovic
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (952 download)

DOWNLOAD NOW!

Book Synopsis From the Classical School to Today by : Francis J. Lukacovic

Download or read book From the Classical School to Today written by Francis J. Lukacovic and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this thesis is to study the theory of secular stagnation, which was made famous by the American Keynesian economist Alvin Hansen in his book Full Recovery or Stagnation. The theory of secular stagnation has reappeared in economic circles today due to recent economic conditions since the financial crisis of 2007-2008. The thesis will analyze the history of the stagnation theory dating back to classical economists in the 19th century. The concept of a stagnating economy has been talked about for centuries with many economists adding important thoughts. Furthermore, the thesis will address the current questions and examine whether the stagnation claims have merit in today economy. High unemployment and slow economic growth in developed countries including the United States may be explained by the theories of secular stagnation and the matured economy.

Keynes Against Capitalism

Author : James Crotty
Publisher : Routledge
ISBN 13 : 0429877064
Total Pages : 398 pages
Book Rating : 4.4/5 (298 download)

DOWNLOAD NOW!

Book Synopsis Keynes Against Capitalism by : James Crotty

Download or read book Keynes Against Capitalism written by James Crotty and published by Routledge. This book was released on 2019-04-29 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: Keynes is one of the most important and influential economists who ever lived. It is almost universally believed that Keynes wrote his magnum opus, The General Theory of Employment, Interest and Money, to save capitalism from the socialist, communist, and fascist forces that were rising up during the Great Depression era. This book argues that this was not the case with respect to socialism. Tracing the evolution of Keynes’s views on policy from WWI until his death in 1946, Crotty argues that virtually all post-WWII "Keynesian" economists misinterpreted crucial parts of Keynes’s economic theory, misunderstood many of his policy views, and failed to realize that his overarching political objective was not to save British capitalism, but rather to replace it with Liberal Socialism. This book shows how Keynes’s Liberal Socialism began to take shape in his mind in the mid-1920s, evolved into a more concrete institutional form over the next decade or so, and was laid out in detail in his work on postwar economic planning at Britain’s Treasury during WWII. Finally, it explains how The General Theory provided the rigorous economic theoretical foundation needed to support his case against capitalism in support of Liberal Socialism. Offering an original and highly informative exposition of Keynes’s work, this book should be of great interest to teachers and students of economics. It should also appeal to a general audience interested in the role the most important economist of the 20th century played in developing the case against capitalism and in support of Liberal Socialism. Keynes Against Capitalism is especially relevant in the context of today’s global economic and political crises.

Economic Progress and Declining Population Growth

Author : Alvin H. Hansen
Publisher :
ISBN 13 : 9781258977238
Total Pages : 22 pages
Book Rating : 4.9/5 (772 download)

DOWNLOAD NOW!

Book Synopsis Economic Progress and Declining Population Growth by : Alvin H. Hansen

Download or read book Economic Progress and Declining Population Growth written by Alvin H. Hansen and published by . This book was released on 2013-10 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a new release of the original 1939 edition.

Credit, Money and Crises in Post-Keynesian Economics

Author : Louis-Philippe Rochon
Publisher : Edward Elgar Publishing
ISBN 13 : 1786439557
Total Pages : 384 pages
Book Rating : 4.7/5 (864 download)

DOWNLOAD NOW!

Book Synopsis Credit, Money and Crises in Post-Keynesian Economics by : Louis-Philippe Rochon

Download or read book Credit, Money and Crises in Post-Keynesian Economics written by Louis-Philippe Rochon and published by Edward Elgar Publishing. This book was released on 2020-07-31 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this volume, Louis-Philippe Rochon and Hassan Bougrine bring together key post-Keynesian voices in an effort to push the boundaries of our understanding of banks, central banking, monetary policy and endogenous money. Issues such as interest rates, income distribution, stagnation and crises – both theoretical and empirical – are woven together and analysed by the many contributors to shed new light on them. The result is an alternative analysis of contemporary monetary economies, and the policies that are so needed to address the problems of today.

Economic Growth and Macroeconomic Stabilization Policies in Post-Keynesian Economics

Author : Hassan Bougrine
Publisher : Edward Elgar Publishing
ISBN 13 : 1786439573
Total Pages : 360 pages
Book Rating : 4.7/5 (864 download)

DOWNLOAD NOW!

Book Synopsis Economic Growth and Macroeconomic Stabilization Policies in Post-Keynesian Economics by : Hassan Bougrine

Download or read book Economic Growth and Macroeconomic Stabilization Policies in Post-Keynesian Economics written by Hassan Bougrine and published by Edward Elgar Publishing. This book was released on 2020-07-31 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hassan Bougrine, Louis-Philippe Rochon and the expert contributors to this book explore issues of economic growth and full employment; presenting a clear explanation to stagnation, recessions and crises, including the latest Global Financial Crisis of 2007-8. With a central focus on the role played by government spending, deficits and debt as well as the setting of interest rates, the chapters propose alternative policies that can be used by central banks and fiscal authorities to deal with problems of income inequality, unemployment and slow productivity.

Secular Cycles

Author : Peter Turchin
Publisher : Princeton University Press
ISBN 13 : 0691136963
Total Pages : 361 pages
Book Rating : 4.6/5 (911 download)

DOWNLOAD NOW!

Book Synopsis Secular Cycles by : Peter Turchin

Download or read book Secular Cycles written by Peter Turchin and published by Princeton University Press. This book was released on 2009-08-09 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Secular Cycles elaborates and expands upon the demographic-structural theory first advanced by Jack Goldstone, which provides an explanation of long-term oscillations. This book tests that theory's specific and quantitative predictions by tracing the dynamics of population numbers, prices and real wages, elite numbers and incomes, state finances, and sociopolitical instability. Turchin and Nefedov study societies in England, France, and Russia during the medieval and early modern periods, and look back at the Roman Republic and Empire. Incorporating theoretical and quantitative history, the authors examine a specific model of historical change and, more generally, investigate the utility of the dynamical systems approach in historical applications."--BOOK JACKET.

Hysteresis and Business Cycles

Author : Ms.Valerie Cerra
Publisher : International Monetary Fund
ISBN 13 : 1513536990
Total Pages : 50 pages
Book Rating : 4.5/5 (135 download)

DOWNLOAD NOW!

Book Synopsis Hysteresis and Business Cycles by : Ms.Valerie Cerra

Download or read book Hysteresis and Business Cycles written by Ms.Valerie Cerra and published by International Monetary Fund. This book was released on 2020-05-29 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economists refer to as “hysteresis,” argues for unifying the analysis of growth and cycles. In this paper, we review the recent empirical and theoretical literature that motivate this paradigm shift. The renewed interest in hysteresis has been sparked by the persistence of the Global Financial Crisis and fears of a slow recovery from the Covid-19 crisis. The findings of the recent literature have far-reaching conceptual and policy implications. In recessions, monetary and fiscal policies need to be more active to avoid the permanent scars of a downturn. And in good times, running a high-pressure economy could have permanent positive effects.

Modern Money Theory

Author : L. Randall Wray
Publisher : Springer
ISBN 13 : 1137539925
Total Pages : 322 pages
Book Rating : 4.1/5 (375 download)

DOWNLOAD NOW!

Book Synopsis Modern Money Theory by : L. Randall Wray

Download or read book Modern Money Theory written by L. Randall Wray and published by Springer. This book was released on 2015-09-22 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: This second edition explores how money 'works' in the modern economy and synthesises the key principles of Modern Money Theory, exploring macro accounting, currency regimes and exchange rates in both the USA and developing nations.

Stagnation and the Financial Explosion

Author : Harry Magdoff
Publisher : NYU Press
ISBN 13 : 1583678263
Total Pages : pages
Book Rating : 4.5/5 (836 download)

DOWNLOAD NOW!

Book Synopsis Stagnation and the Financial Explosion by : Harry Magdoff

Download or read book Stagnation and the Financial Explosion written by Harry Magdoff and published by NYU Press. This book was released on 2019-02-15 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the fourth in a continuing series of collected essays by the former editors of Monthly Review on the state of the U.S. economy and its relation to the global system. Like its predecessors, this volume focuses on the most recent phase of the development of U.S. capitalism, stressing the profound contradictions of the underlying processes of capital accumulation and pointing the way to the fundamental reforms that are the essential precondition for a real economic revival.

Underconsumption Theory and Secular Stagnation Thesis

Author : American Economic Association
Publisher :
ISBN 13 : 9781258967888
Total Pages : 58 pages
Book Rating : 4.9/5 (678 download)

DOWNLOAD NOW!

Book Synopsis Underconsumption Theory and Secular Stagnation Thesis by : American Economic Association

Download or read book Underconsumption Theory and Secular Stagnation Thesis written by American Economic Association and published by . This book was released on 2013-10 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a new release of the original 1944 edition.

A Theory of Accumulation and Secular Stagnation

Author : Daniel Aronoff
Publisher : Springer
ISBN 13 : 1137562218
Total Pages : 136 pages
Book Rating : 4.1/5 (375 download)

DOWNLOAD NOW!

Book Synopsis A Theory of Accumulation and Secular Stagnation by : Daniel Aronoff

Download or read book A Theory of Accumulation and Secular Stagnation written by Daniel Aronoff and published by Springer. This book was released on 2018-01-08 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: Thomas Malthus identified a crucial tension at the heart of a market economy: While an accumulation of wealth is necessary to provide the capital investment needed to generate growth, too much accumulation will cause planned saving to exceed profitable investment, which will result in secular stagnation, a condition of low growth and underemployment of resources. Keynes drew inspiration from Malthus in his attempt to comprehend the causes of the Great Depression of the 1930s. Now, Aronoff demonstrates how a related but slightly different aspect of Malthus' thought can illuminate one of the most pressing issues of our times. In A Theory of Accumulation and Secular Stagnation, Aronoff explores Malthus' ideas relating to secular stagnation and uses the insight gained to understand the origins of the subpar growth and tepid employment, periodically punctuated by booms, that has plagued the US economy since the turn of the millennium. He explains how the rise of mercantilism among Asian countries – principally China – and increased income concentration generated an upsurge in excess saving. This accumulation created a chronic deficiency in demand while also depressing interest rates, which generated a search for yield that fuelled periodic booms.

Failing States, Collapsing Systems

Author : Nafeez Mosaddeq Ahmed
Publisher : Springer
ISBN 13 : 3319478168
Total Pages : 110 pages
Book Rating : 4.3/5 (194 download)

DOWNLOAD NOW!

Book Synopsis Failing States, Collapsing Systems by : Nafeez Mosaddeq Ahmed

Download or read book Failing States, Collapsing Systems written by Nafeez Mosaddeq Ahmed and published by Springer. This book was released on 2016-11-26 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work executes a unique transdisciplinary methodology building on the author’s previous book, A User’s Guide to the Crisis of Civilization: And How to Save it (Pluto, 2010), which was the first peer-reviewed study to establish a social science framework for the integrated analysis of crises across climate, energy, food, economic, terror and the police state. Since the 2008 financial crash, the world has witnessed an unprecedented outbreak of social unrest in every major continent. Beginning with the birth of the Occupy movement and the Arab Spring, the eruption of civil disorder continues to wreak havoc unpredictably from Greece to Ukraine, from China to Thailand, from Brazil to Turkey, and beyond. Yet while policymakers and media observers have raced to keep up with events, they have largely missed the biophysical triggers of this new age of unrest – the end of the age of cheap fossil fuels, and its multiplying consequences for the Earth’s climate, industrial food production, and economic growth. This book for the first time develops an empirically-ground theoretical model of the complex interaction between biophysical processes and geopolitical crises, demonstrated through the analysis of a wide range of detailed case studies of historic, concurrent and probable state failures in the Middle East, Northwest Africa, South and Southeast Asia, Europe and North America. Geopolitical crises across these regions, Ahmed argues, are being driven by the proliferation of climate, food and economic crises which have at their root the common denominator of a fundamental and permanent disruption in the energy basis of industrial civilization. This inevitable energy transition, which will be completed well before the close of this century, entails a paradigm shift in the organization of civilization. Yet for this shift to result in a viable new way of life will require a fundamental epistemological shift recognizing humanity’s embeddedness in the natural world. For this to be achieved, the stranglehold of conventional models achieved through the hegemony of establishment media reporting – dominated by fossil fuel interests – must be broken. While geopolitics cannot be simplistically reduced to the biophysical, this book shows that international relations today can only be understood by recognizing the extent to which the political is embedded in the biophysical. Although the book offers a rigorous scientific analysis, it is written in a clean, journalistic style to ensure readability and accessibility to a general audience. It will contain a large number of graphical illustrations concerning oil production data, population issues, the food price index, economic growth and debt, and other related issues to demonstrate the interconnections and correlations across key sectors.

Man Out

Author : Andrew L. Yarrow
Publisher : Brookings Institution Press
ISBN 13 : 0815732759
Total Pages : 340 pages
Book Rating : 4.8/5 (157 download)

DOWNLOAD NOW!

Book Synopsis Man Out by : Andrew L. Yarrow

Download or read book Man Out written by Andrew L. Yarrow and published by Brookings Institution Press. This book was released on 2018-09-11 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: The story of men who are hurting—and hurting America by their absence Man Out describes the millions of men on the sidelines of life in the United States. Many of them have been pushed out of the mainstream because of an economy and society where the odds are stacked against them; others have chosen to be on the outskirts of twenty-first-century America. These men are disconnected from work, personal relationships, family and children, and civic and community life. They may be angry at government, employers, women, and "the system" in general—and millions of them have done time in prison and have cast aside many social norms. Sadly, too many of these men are unsure what it means to be a man in contemporary society. Wives or partners reject them; children are estranged from them; and family, friends, and neighbors are embarrassed by them. Many have disappeared into a netherworld of drugs, alcohol, poor health, loneliness, misogyny, economic insecurity, online gaming, pornography, other off-the-grid corners of the internet, and a fantasy world of starting their own business or even writing the Great American novel. Most of the men described in this book are poorly educated, with low incomes and often with very few prospects for rewarding employment. They are also disproportionately found among millennials, those over 50, and African American men. Increasingly, however, these lost men are discovered even in tony suburbs and throughout the nation. It is a myth that men on the outer corners of society are only lower-middle-class white men dislocated by technology and globalization. Unlike those who primarily blame an unjust economy, government policies, or a culture sanctioning "laziness," Man Out explores the complex interplay between economics and culture. It rejects the politically charged dichotomy of seeing such men as either victims or culprits. These men are hurting, and in turn they are hurting families and hurting America. It is essential to address their problems. Man Out draws on a wide range of data and existing research as well as interviews with several hundred men, women, and a wide variety of economists and other social scientists, social service providers and physicians, and with employers, through a national online survey and in-depth fieldwork in several communities.

Finance & Development, June 2020

Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1513543660
Total Pages : 60 pages
Book Rating : 4.5/5 (135 download)

DOWNLOAD NOW!

Book Synopsis Finance & Development, June 2020 by : International Monetary Fund

Download or read book Finance & Development, June 2020 written by International Monetary Fund and published by International Monetary Fund. This book was released on 2020-06-01 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: Finance & Development, June 2020

Political Arithmetic

Author : Robert William Fogel
Publisher : University of Chicago Press
ISBN 13 : 0226256618
Total Pages : 163 pages
Book Rating : 4.2/5 (262 download)

DOWNLOAD NOW!

Book Synopsis Political Arithmetic by : Robert William Fogel

Download or read book Political Arithmetic written by Robert William Fogel and published by University of Chicago Press. This book was released on 2013-04-15 with total page 163 pages. Available in PDF, EPUB and Kindle. Book excerpt: We take for granted today that the assessments, measurements, and forecasts of economists are crucial to the decision-making of governments and businesses alike. But less than a century ago that wasn’t the case—economists simply didn’t have the necessary information or statistical tools to understand the ever more complicated modern economy. With Political Arithmetic, Nobel Prize–winning economist Robert Fogel and his collaborators tell the story of economist Simon Kuznets, the founding of the National Bureau of Economic Research, and the creation of the concept of GNP, which for the first time enabled us to measure the performance of entire economies. The book weaves together the many strands of political and economic thought and historical pressures that together created the demand for more detailed economic thinking—Progressive-era hopes for activist government, the production demands of World War I, Herbert Hoover’s interest in business cycles as President Harding’s commerce secretary, and the catastrophic economic failures of the Great Depression—and shows how, through trial and error, measurement and analysis, economists such as Kuznets rose to the occasion and in the process built a discipline whose knowledge could be put to practical use in everyday decision-making. The product of a lifetime of studying the workings of economies and skillfully employing the tools of economics, Political Arithmetic is simultaneously a history of a key period of economic thought and a testament to the power of applied ideas.