The Economic Crisis and the State of Economics brings together leading economists from a diverse set of backgrounds and presents their take on how economics can explain the current crisis but also how the crisis will affect economic thought.
Inhaltsverzeichnis
Introduction; R. Skidelsky PART I: RISK AND UNCERTAINTY IN ECONOMICS Risk and Uncertainty; P. Davidson Lessons from Statistical Finance; M. Potter Ambiguity and Economic Activity: Implications for the Current Crises in Credit Markets; S. Mukerji PART II: MACROECONOMICS AND THE CURRENT CRISIS Macro Theoretical Failures; C. Goodhart Hayek: Another Perspective; M. Desai Globalization and the Current Crisis; C. Bliss Global Imbalances and the Current Crisis; V. Joshi PART III: MODELS, METAPHORS, AND MORALS Knowledge in Economics; J. Kay The Structuring Role of Metaphors and Models; R. Bronk The Moral Critique of Economics; E. Skidelsky