xix, 491 pages : illustrations ; 24 cm

text

still image

unmediated

volume

Preface -- Introduction (Unsettled issues ; The culprits ; A brief sketch of the book ; Appendix 1.1: Ideas, vested interests and cycles)

Part one: History of economic thought (1. The mysteries of money: a short history [The classical dichotomy ; The origins of money ; The value of money ; Creditors and debtors ; The origins of the quantity theory of money ; The demand for money ; Money, the great deceiver ; Conclusion] ; 2. The fight...

Part two: The rise, triumph and fall of Keynes (5. Keynes's intervention [The trouble with money ; The problem with fiscal policy ; The Macmillan Committee ; "The general theory of employment, interest and money" ; Policy implications ; Conclusion ; Appendix 5.1: Contrast between the classical and K...

Part three: Macroeconomics in the crash and after, 2007- (8. The disablement of fiscal policy [The fiscal crisis of the State ; The British debate ; Austerity: a comparative assessment ; Conclusion ; Appendix 8.1: Monetary financing of the deficit] ; 9. The new monetarism [Pre-crash monetray orthodo...

Part four: A New macroeconomics (13. Reinventing political economy [Introduction ; What should governments do and why? ; A new macroenomic constitution ; The inflation problem ; Making banking safe ; Inequality ; Hyper-globalization and its discontents ; Reforming economics])