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As a new president takes over in Washington, three intertwined threats imperil the world. One is internal. The others are external.
In Trump's Populist America, author Steven Rosefielde argues that the policies Trump fashions are not half measures, but stem from an understanding of his supporters and their desire for an elected government that is attuned to the common man's concerns.
The goal of ΓÇ£Inclusive EconomicsΓÇ¥ is to tie together various authoritative strands of contemporary economic theory into an easily comprehensible whole that illuminates the need for a broader approach to contemporary economic policymaking undistorted by obsolete 18th century rationalist assumptions about utility, ethics, worthiness and traditional culture. This is accomplished by elaborating the rationalist competitive ideal along the optimizing lines pioneered by Paul Samuelson (neoclassical economics); plumbing modifications necessitated by Herbert Simon''s realist concepts of ΓÇ£bounded rationalityΓÇ¥ and ΓÇ£satisficingΓÇ¥; refined further by applying a pragmatist outlook to probe the consequences of relaxing Enlightenment teleological, ethical, spiritual and cultural taboos. The exercise will explain why competitive market economies guided by rational utility-seeking invariably are less productive, efficient, just and beneficent than most theorists concede, and will illuminate the full range of interventions needed to achieve better outcomes. We call this program in its entirety ΓÇ£Inclusive EconomicsΓÇ¥, including the integration of micro and macroeconomics.
The global financial crisis of 2008 was resolved over the course of two years after the collapse of the US housing bubble, but the world economy did not vigorously rebound as expected. The West has been torpid, while Asian economic vitality has steadily waned. These developments have been diversely interpreted and authorities have responded with a series of institutional reforms and policy fixes, without coming to grips with accumulating national debts, the kinds of speculative practices that caused the financial crisis, and the inadequacies of neoclassical and Keynesian macroeconomic explanations.Global Economic Turmoil and the Public Good presents the cumulative research of both authors. It updates the readers on global economic developments since 2008, while providing a concise, yet comprehensive survey of the causes and protracted consequences of the 2008 financial crisis. The book explains the global financial disequilibrium and catastrophic crisis risks; surveys and appraises institutional reforms designed to reinvigorate growth and ameliorate financial crisis risk; and proposes specific actions which will prevent another global financial crisis and its economic fallout.
Provides readers with an analytic framework, concepts and narrative highlighting contemporary Asia's systemic diversity. This book offers the tools needed for training students in how to apply microeconomic, macroeconomic and financial principles to practical issues of systems and policies. It focuses on East and Southeast Asia.
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