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Statement of the Co-Editors. Economics and the economic crisis: the case for change

Author

Listed:
  • Thomas Palley

    (Associate of the New America Foundation's Economic Growth Program)

  • Louis-Philippe Rochon

    (Laurentian University)

  • Matias Vernengo

    (Bucknell University)

Abstract

It is widely recognized that economic crises can sometimes trigger enormous change, with regard to both economic theory and the politics of governance. Today, the global economy is struggling with the fall-out from the financial crash of 2008 and the Great Recession of 2007–2009. The economic crisis that these events have generated, combined with the failure of the mainstream economics profession, has again put the question of change on the table.

Suggested Citation

  • Thomas Palley & Louis-Philippe Rochon & Matias Vernengo, 2012. "Statement of the Co-Editors. Economics and the economic crisis: the case for change," Review of Keynesian Economics, Edward Elgar Publishing, vol. 1(0), pages 1-4.
  • Handle: RePEc:elg:rokejn:v:0:y:2012:i:1:p1-4
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    File URL: http://www.elgaronline.com/view/journals/roke/0-1/roke.2012.01.00.xml
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    Cited by:

    1. Marica Frangakis, 2015. "Public debt crisis, austerity and deflation: the case of Greece," Review of Keynesian Economics, Edward Elgar Publishing, vol. 3(3), pages 295-313, July.
    2. Ahmed Taneem Muzaffar & Anis Chowdhury, 2014. "The IMF and the policy of low inflation: A review of Article IV consultations for selected Asian developing countries," The Economic and Labour Relations Review, , vol. 25(3), pages 435-454, September.

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