Financial Crisis and the Failure of Economic Theory

Jorge Turmo Arnal author

Format:Paperback

Publisher:Taylor & Francis Ltd

Published:30th Sep '20

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Financial Crisis and the Failure of Economic Theory cover

The global financial crisis of 2008 was largely unpredicted. If economic theory has a role to play in predicting future catastrophes then the methods we rely on need to change. The authors of this study propose a new theory of economics based on more detailed understanding of how and why people behave as they do within their environment. This anthropological approach uses the strengths of many existing economic theories, including Keynesian and Austrian economics, to present a new framework for anticipating and averting the financial crises of the future.

ISBN: 9780367669270

Dimensions: unknown

Weight: 385g

208 pages