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Instability and change in the world economy

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Published by Monthly Review Press in New York .
Written in English

Subjects:

  • Economic history -- 1971-1990,
  • Capitalism,
  • Business cycles,
  • International economic relations

Book details:

Edition Notes

Includes bibliographies and index.

Statementedited by Arthur MacEwan and William K. Tabb.
ContributionsMacEwan, Arthur., Tabb, William K.
Classifications
LC ClassificationsHC59 .I4966 1989
The Physical Object
Pagination377 p. ;
Number of Pages377
ID Numbers
Open LibraryOL2190911M
ISBN 100853457832, 0853457824
LC Control Number89009373

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  Inequality and Instability A Study of the World Economy Just Before the Great Crisis James K. Galbraith. Author is one of the leading experts in the field of economic inequality; Challenges major trends within the development of economic theory in the United States; Offers the most current research on the reasons behind the global. Inequality and Instability demonstrates that finance is the driveshaft that links inequality to economic instability. The book challenges those, mainly on the right, who see mysterious forces of technology behind rising inequality. And it also challenges those, mainly on the left, who have placed the blame narrowly on trade and outsourcing.   Originally published in This collection of essays addresses the question of whether a free market economy, suitably modified as a social market economy according to the aspirations and requirements of individual societies, could be effectively : Douglas Evans, Richard Body. James Galbraith’s book, Inequality and Instability: A Study of the World Economy Just Before the Crisis, is an astoundingly broad, illuminating, and detailed examination of the global rise in income inequality between to the dawn of the financial crisis in

Originally published in This collection of essays addresses the question of whether a free market economy, suitably modified as a social market economy according to the aspirations and requirements of individual societies, could be effectively recreated. In the face of the trends of the time towards collectivism, private ownership under state control, this was a main issue of the world.   Highly regarded as one of the most important economics books, "Capital in the Twenty-First Century" by Thomas Piketty, a French economist, focuses on wealth and income inequality. History, instability, and growth Global economy Politics and policy. Wages, profits, and unemployment in the whole economy How changes in demand for goods and services affect unemployment. Politics and policy. Labour market equilibrium and the distribution of income The nation and the world economy.   The third major change that has occurred in the world economy is the emergence of the "symbol" economy—capital movements, exchange rates and credit flows—as the flywheel of the world economy, in place of the "real" economy—the flow of goods and services. The two economies seem to be operating increasingly independently.

The chapter summarises some of the findings of the book and combines them with broad claims such as “global inequality [is] the product of forces affecting the global economy in common and systematic ways, forces impinging on individual countries forces that are largely financial in character” (). Managing in a Global Economy Demystifying International Macroeconomics 2nd edition by Marthinsen Solution Manual 1 chapters — updated PM — 0 people liked it. scope than anything I had imagined possible. This book covers the development of the entire world economy over the past two thousand years. The author takes a (quite literally) global view of world growth over that period, examining both changes over time and between different regions. The book. Book Review of Inequality and Instability: A Study of the World Economy Just Before the Great Crisis by James K. Galbraith Article (PDF Available) in Journal of Regional Science 52(4) October.