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In the graveyard of economic ideology, dead ideas still stalk the land. The recent financial crisis laid bare many of the assumptions behind market liberalism--the theory that market-based solutions are always best, regardless of the problem. For decades, their advocates dominated mainstream economics, and their influence created a system where an unthinking faith in markets led many to view speculative investments as fundamentally safe. The crisis seemed to have killed off these ideas, but they still live on in the minds of many--members of the public, commentators, politicians, economists, and even those charged with cleaning up the mess. In Zombie Economics, John Quiggin explains how these dead ideas still walk among us--and why we must find a way to kill them once and for all if we are to avoid an even bigger financial crisis in the future. Zombie Economics takes the reader through the origins, consequences, and implosion of a system of ideas whose time has come and gone. These beliefs--that deregulation had conquered the financial cycle, that markets were always the best judge of value, that policies designed to benefit the rich made everyone better off--brought us to the brink of disaster once before, and their persistent hold on many threatens to do so again. Because these ideas will never die unless there is an alternative, Zombie Economics also looks ahead at what could replace market liberalism, arguing that a simple return to traditional Keynesian economics and the politics of the welfare state will not be enough--either to kill dead ideas, or prevent future crises. In a new chapter, Quiggin brings the book up to date with a discussion of the re-emergence of pre-Keynesian ideas about austerity and balanced budgets as a response to recession.

How can doctors choose the right course for a pregnant woman when one may kill her and the other would abort her fetus? A World of Heroes is a reader designed for students who have just completed an introductory course in ancient Greek and wish to read substantial passages of ancient authors in the original language. It introduces three of ancient Greece's most important authors, Homer, Herodotus and Sophocles, and includes such gripping and influential stories as the battle of Thermopylai (from Herodotus' Histories); the Zombie Economics: How Dead Ideas Still Walk Among Us free pdf death of Hektor (the Iliad) and the fall of Oedipus. Notes accompanying each passage provide extensive help with vocabulary and translation, and each section contains a brief introduction to the author and his work. The first edition of the book proved very successful with students and instructors for more than three decades. This, the second edition, includes the same texts as the first but provides much more help with translating and understanding them in order better to meet the needs of modern students.

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Author: John Quiggin
Number of Pages: 288 pages
Published Date: 01 Jun 2012
Publisher: Princeton University Press
Publication Country: New Jersey, United States
Language: English
ISBN: 9780691154541
Download Link: Click Here
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