Alternative Explanations of the Operation of a Capitalist Economy

Paul Davidson

Challenge, 2009, vol. 52, issue 6, 5-28

Abstract: Why has financial deregulation led to credit crisis? This macroeconomist returns to John Maynard Keynes for an explanation of the failure of financial markets—and indeed the failure of accepted economic theory today—to warn the nation, no less to prevent its occurring.

Date: 2009
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DOI: 10.2753/0577-5132520601

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