Prosperity for All

Prosperity for All

Roger Farmer

35,42 €
IVA incluido
Disponible
Editorial:
Oxford University Press
Año de edición:
2018
Materia
Macroeconomía
ISBN:
9780190922405
35,42 €
IVA incluido
Disponible

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In this important and provocative reassessment of the causes and consequences of economic downturns and stagnation, Roger Farmer argues that the central problem is recurring and debilitating crises of confidence in the stock market. The instability caused by the animal spirits creates unemployment and disruptions that have long-term effects. To create stability Farmer proposes that governments intervene in asset markets in a manner similar to the recent behavior of central banks. Written in clear, accessible language by a prominent macroeconomic theorist, Prosperity for All proposes a paradigm shift and policy changes that could successfully raise employment rates, keep inflation at bay, and stimulate growth.

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