From economic stagnation to systemic fragility?

Jan Nederveen Pieterse

Journal of Post Keynesian Economics, 2017, vol. 40, issue 2, 272-277

Abstract: Advanced economies are in a rut of slow growth. Growth in emerging economies has also slowed. Explanations are meager and policies have not worked or have made problems worse. The Trump administration of hard-line billionaires will likely exacerbate problems. Jack Rasmus’s book Systemic Fragility in the Global Economy offers a penetrating analysis of economic stagnation in advanced economies by providing a sustained and systemic focus on the role of finance, an analysis that probes further than mainstream economic analysis. Rasmus has made a signal contribution to contemporary economics and provided a vitally important X-ray of the political economy of stagnation.

Date: 2017
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DOI: 10.1080/01603477.2017.1309982

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