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Alternative Explanations of the Operation of a Capitalist Economy

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  • Paul Davidson

Abstract

Why has financial deregulation led to credit crisis? This macroeconomist returns to John Maynard Keynes for an explanation of the failure of financial markets—and indeed the failure of accepted economic theory today—to warn the nation, no less to prevent its occurring.

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File URL: http://mesharpe.metapress.com/link.asp?target=contribution&id=U710V4T232H57436
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Bibliographic Info

Article provided by M.E. Sharpe, Inc. in its journal Challenge.

Volume (Year): 52 (2009)
Issue (Month): 6 (November)
Pages: 5-28

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Handle: RePEc:mes:challe:v:52:y:2009:i:6:p:5-28

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Web page: http://mesharpe.metapress.com/link.asp?target=journal&id=106043

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Cited by:
  1. Sau Lino, 2010. "Instability and crisis in financial complex systems," CESMEP Working Papers 201001, University of Turin.
  2. Mornati, Fiorenzo & Becchio, Giandomenica & Marchionatti, Roberto & Cassata, Francesco, 2009. ""Quando l'economica italiana non era seconda a nessuno" Luigi Einaudi e la Scuola di Economia a Torino," CESMEP Working Papers 200910, University of Turin.

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