Economics for Sustainable Prosperity

Economics for Sustainable Prosperity
By:Steven Hail
Published on 2018-05-11 by Springer

The central argument of this book is that the foundations for sustainable prosperity lie in an approach to economic management based on modern monetary theory and a job guarantee. This approach builds on the work of Keynes, Kalecki, Minsky, Davidson, Godley and other Post- Keynesian economists—as well as research by behavioral economists including Simon, Kahneman and Loewenstein—to explore the role that a permanent, equitable job guarantee could play in building an inclusive, participatory and just society. Orthodox (neoclassical) economics, in its various forms, has failed to deliver sustainable prosperity. An important reason for this failure is its lack of realistic foundations. It misrepresents both human nature and economic institutions, and its use as a frame for the development and assessment of economic policy proposals has had disastrous consequences for social inclusion and the quality of life of millions of people. This book discusses an alternative, more realistic and more useful set of economic foundations, which could deliver the opportunity of a decent quality of life with dignity to all.

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Book ID of Economics for Sustainable Prosperity's Books is X45aDwAAQBAJ, Book which was written bySteven Hailhave ETAG "JcoLjc6iuFM"

Book which was published by Springer since 2018-05-11 have ISBNs, ISBN 13 Code is 9783319909813 and ISBN 10 Code is 3319909819

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