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Understanding and preventing financial instability; Post-Keynesian Institutionalism and government employer of last resort

In: Financial Instability and Economic Security after the Great Recession

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  • Fadhel Kaboub

Abstract

This timely book rethinks economic theory and policy by addressing the problem of economic instability and the need to secure broadly shared prosperity. It stresses that advancing economics in the wake of the Great Recession requires an evolutionary standpoint, greater attention to uncertainty and expectations, and the integration of finance into macroeconomics. The result is a broader array of policy options – and challenges – than conventional economics presents.

Suggested Citation

  • Fadhel Kaboub, 2011. "Understanding and preventing financial instability; Post-Keynesian Institutionalism and government employer of last resort," Chapters, in: Charles J. Whalen (ed.), Financial Instability and Economic Security after the Great Recession, chapter 4, pages 77-92, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:14489_4
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    References listed on IDEAS

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