Editorial Reviews
Book Description
This book is more than just a study in the history of economic thought - it illustrates how economic debate focuses upon financial disturbance at times of financial instability, and then conveniently discards critical views when such instability recedes. Jan Toporowski looks at the development of critical theories from the views of Adam Smith and François Quesnay, and their reflection in recent new Keynesian ideas of Joseph Stiglitz and Ben Bernanke, through credit cycles in Alfred Marshall and Ralph Hawtrey, to the financial theories of Thorstein Veblen and Irving Fisher. Also studied are the theories of John Kenneth Galbraith, Michal Kalecki, John Maynard Keynes, Charles Kindleberger, Rosa Luxemburg, Hyman P. Minsky, Robert Shiller and Josef Steindl. Not least among the original features of this book are a discussion of Quesnay's attitude towards interest, and a chapter devoted to the work of the Polish monetary economist Marek Breit, whose work inspired Kalecki.
About the Author
Jan Toporowski, Research Associate, School of Oriental and African Studies, University of London, Official Visitor, Faculty of Economics and Politics, University of Cambridge, UK and Research Associate, Research Group on the History and Methodology of Economics, University of Amsterdam, The Netherlands
Theories Of Financial Disturbance: An Examination Of Critical Theories Of Finance From Adam Smith To The Present Day,Jan Toporowski,Edward Elgar Publishing,1843764776,Business & Economics,Business / Economics / Finance,Business/Economics,Economic History,Finance,History
Book Details:
Recommended Books