| 000 | 02428nam a2200361 a 4500 | ||
|---|---|---|---|
| 005 | 20250930134257.0 | ||
| 008 | 130306s2012 nyua b 001 0 eng | ||
| 020 |
_a9781107016620 (hbk.) _cRM185.37 |
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| 020 | _a1107016622 (hbk.) | ||
| 039 | 9 |
_a201307021536 _brosli _c201306171103 _dros _y03-06-2013 _zros |
|
| 040 |
_aDLC _beng _cDLC _dYDX _dBDX _dYDXCP _dBTCTA _dUKMGB _dBWX _dDLC _dUKM |
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| 043 | _an-us--- | ||
| 090 | _aHC106.84.P335 | ||
| 090 |
_aHC106.84 _b.P335 |
||
| 100 | 1 |
_aPalley, Thomas I., _d1956- |
|
| 245 | 1 | 0 |
_aFrom financial crisis to stagnation : _bthe destruction of shared prosperity and the role of economics / _cThomas I. Palley. |
| 260 |
_aNew York : _bCambridge University Press, _c2012. |
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| 300 |
_axvii, 238 p. : _bill. ; _c24 cm. |
||
| 504 | _aIncludes bibliographical references and index. | ||
| 520 | _a'The U.S. economy today is confronted with the prospect of extended stagnation. This book explores why. Thomas I. Palley argues that the Great Recession and destruction of shared prosperity is due to flawed economic policy over the past thirty years. One flaw was the growth model adopted after 1980 that relied on debt and asset price inflation to fuel growth instead of wages. A second flaw was the model of globalization that created an economic gash. Third, financial deregulation and the house price bubble kept the economy going by making ever more credit available. As the economy cannibalized itself by undercutting income distribution and accumulating debt, it needed larger speculative bubbles to grow. That process ended when the housing bubble burst. The earlier post-World War II economic model based on rising middle-class incomes has been dismantled, while the new neoliberal model has imploded. Absent a change of policy paradigm, the logical next step is stagnation. The political challenge we face now is how to achieve paradigm change'--Provided by publisher. | ||
| 650 | 0 |
_aRecessions _zUnited States. |
|
| 650 | 0 |
_aFinancial crises _zUnited States. |
|
| 650 | 0 |
_aGlobal Financial Crisis, 2008-2009. _965478 |
|
| 651 | 0 |
_aUnited States _xEconomic conditions _y2009- |
|
| 651 | 0 |
_aUnited States _xEconomic policy. |
|
| 907 |
_a.b15585645 _b2019-11-12 _c2019-11-12 |
||
| 942 |
_c01 _n0 _kHC106.84.P335 |
||
| 914 | _avtls003524568 | ||
| 990 | _ark4 | ||
| 991 | _aFakulti Ekonomi dan Perniagaan | ||
| 998 |
_at _b2013-06-03 _cm _da _feng _gnyu _y0 _z.b15585645 |
||
| 999 |
_c541462 _d541462 |
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