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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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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. 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.
  2. Lino Sau, 2013. "Instability and Crisis in Financial Complex Systems," Review of Political Economy, Taylor & Francis Journals, vol. 25(3), pages 496-511, July.

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