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Failed Globalisation Failed Globalisation

Автор: Heiner Flassbeck

Год издания: 0000

Globalisation is considered a success story. Following the fall of the Berlin Wall and the dissolution of the political divides between East and West Germany, nothing seemed to stand in the way of peaceful cooperation between people everywhere. Under the precepts of economic liberalism, by removing institutional obstacles to international trade and capital flows, a spontaneous global order would emerge, and the dream of a world populated by free and prosperous global citizens would eventually come true.But in the wake of the worldwide financial crisis that began in 2007&#x2013;2008, in the world of an ongoing Euro-Crisis, Trump and Brexit, it has become apparent that the great liberal project has failed. Neoclassical liberal economic theory has shown itself to be fundamentally incapable of explaining the dynamics of a market economy and in guiding economic policy in developed as well as in developing countries.Given the continuing dominance of that discredited theory today, the world lacks a viable conceptual framework for global cooperation among nations, and appropriate national economic policies. With this book, the authors show how such a framework can be built on the basis of a modern and empirically sound economic theory.<b>Contents:</b> <ul><li>Globalisation and Digitisation &#x2014; The Challenges of Our Time</li><li>The Democratic State and the Economy as a Whole</li><li>Neoliberalism as Regression</li><li>Money as a Domain of the State</li><li>Modern Economic Policy and the Role of the State</li></ul><br><b>Readership:</b> Students, Professionals, People interested in macroeconomics and the economy.Globalisation;Macroeconomics;International Economy;Inequality and Consumption;International Relations;Monetary Relations;National Economic and Social Policy;International Trade;Protectionism0<b>Key Features:</b><ul><li>A new approach to economic development</li><li>A new approach to international trade</li><li>A new approach to saving, investment and debt</li></ul>
The Light That Failed The Light That Failed

Автор: Редьярд Джозеф Киплинг

Год издания: 


Has Marriage for Love Failed? Has Marriage for Love Failed?

Автор: Pascal Bruckner

Год издания: 

Today we like to think that marriage is a free choice based on love: that we freely choose whom to marry and that we do so, not so much for survival or social advantage, but for love. The invention of marriage for love inverted the old relationship between love and marriage. In the past, marriage was sacred, and love, if it existed at all, was a consequence of marriage; today, love is sacred and marriage is secondary. But now marriage appears to be becoming increasingly superfluous. For the past forty years or so, the number of weddings has been declining, the number of divorces exploding and the number of unmarried individuals and couples growing, while single-parent families are becoming more numerous. Love has triumphed over marriage but now it is destroying it from inside. So has the ideal of marriage for love failed, and has love finally been liberated from the shackles of marriage? In this brilliant and provocative book Pascal Bruckner argues that the old tension between love and marriage has not been resolved in favour of love, it has simply been displaced onto other levels. Even if it seems more straightforward, the contemporary landscape of love is far from euphoric: as in the past, infidelity, loss and betrayal are central to the plots of modern love, and the disenchantment is all the greater because marriages are voluntary and not imposed. But the collapse of the ideal of marriage for love is not necessarily a cause for remorse, because it demonstrates that love retains its subversive power. Love is not a glue to be put in the service of the institution of marriage: it is an explosive that blows up in our faces, dynamite pure and simple.

Senseless Panic. How Washington Failed America Senseless Panic. How Washington Failed America

Автор: Paul Volcker A.

Год издания: 

The 1980s opened with the prime interest rate at an astonishing 21.5 percent, leading to a severe recession with unemployment reaching nearly 11 percent. Depression-like conditions befell the agricultural sector, a bubble burst in the energy sector, a rolling real estate recession swept the country, the entire thrift industry was badly insolvent and the major money center banks were loaded with third world debt. Some 3,000 bank and thrifts failed, including nine of Texas’ 10 largest, and Continental Illinois, which, at the time, was the 7thlargest bank in the nation. These severe conditions were not only handled without creating a panic, the economy actually embarked on the longest peacetime expansion in history. In Senseless Panic: How Washington Failed America, William M. Isaac, Chairman of the Federal Deposit Insurance Corporation (FDIC) during the banking and S&L crises of the 1980s, details what was different about 2008’s meltdown that allowed the failure of a comparative handful of institutions to nearly shut down the world’s financial system. The book also tells the rousing story of Isaac’s time at the FDIC. With accessible and engaging prose, Isaac: Details the mistakes that led to the panic of 2008 and 2009 Demystifies the conditions America faced in 2008, and Provides a roadmap for avoiding similar shutdowns and panics in the future Senseless Panicis a provocative, quick-paced, and thoughtful analysis of what went wrong with the nation's banking system and a blunt indictment of United States policy.

Senseless Panic. How Washington Failed America Senseless Panic. How Washington Failed America

Автор: Paul Volcker A.

Год издания: 

The truth about the 2008 economic crisis from a Washington insider The 1980s opened with the prime interest rate at an astonishing 21.5 percent, leading to a severe recession with unemployment reaching nearly 11 percent. Depression-like conditions befell the country, the entire thrift industry was badly insolvent and the major money center banks were loaded with third world debt. Some 3,000 bank and thrifts failed, including nine of Texas’ ten largest, and Continental Illinois, which, at the time, was the seventh largest bank in the nation. These severe conditions were not only handled without creating a panic, the economy actually embarked on the longest peacetime expansion in history. In Senseless Panic: How Washington Failed America, William M. Isaac, Chairman of the Federal Deposit Insurance Corporation (FDIC) during the banking and S&L crises of the 1980s, details what was different about 2008’s meltdown that allowed the failure of a comparative handful of institutions to nearly shut down the world’s financial system. The book also tells the rousing story of Isaac’s time at the FDIC. Details the mistakes that led to the panic of 2008 and 2009 An updated paperback revision of the bestselling book on the 2008 economic crisis, including a fascinating new Epilogue Demystifies the conditions America faced in 2008 Provides a road map for avoiding similar shutdowns and panics in the future Includes a foreword by Federal Reserve Chairman Paul Volcker Senseless Panic is a provocative, quick-paced, and thoughtful analysis of what went wrong with the nation's banking system, a blunt indictment of United States policy, and a road map for making sure it doesn’t happen again.

The End of Progress. How Modern Economics Has Failed Us The End of Progress. How Modern Economics Has Failed Us

Автор: Graeme Maxton

Год издания: 

A cold, hard look at how modern economics has failed us and why we need a new measure of progress Modern economics has fallen short. It has widened the gap between rich and poor. It has not allocated the world's resources fairly. It has brought the West to the brink of financial ruin. It has placed short-term gain before long-term progress. And it has made us focus on the individual, not the society. The end result is a worldwide financial crisis of epic proportions and a planet being scraped clean of the resources needed by future generations, and things are only getting worse. In The End of Progress: How Modern Economics Has Failed Us popular economist Graeme Maxton looks at what went wrong, and what we can do to get ourselves back on track. During the Age of Enlightenment society flourished, propelled by the wonder of new discoveries, radical ideas for economic and social development, and a sense that we all had a responsibility to improve our world. It's time to get back to those ideals, step back and examine our values, and work out what humankind really needs. Presents a chilling look at our current financial system along with a compelling argument for what we need to change Argues for new measures of progress that emphasize what really matters, not personal greed Offers a timely look at our broken society and where we're headed next A thought-provoking, informative book, The End of Progress looks at what got us into our present mess, and shines light onto the road ahead.