Towards a more rapid recovery: incorporating subsidiarity into macroeconomic policy

David A. Zalewski and Charles J. Whalen

Chapter 5 in Financial Instability and Economic Security after the Great Recession, 2011, pp 93-113 from Edward Elgar Publishing

Abstract: This timely book rethinks economic theory and policy by addressing the problem of economic instability and the need to secure broadly shared prosperity. It stresses that advancing economics in the wake of the Great Recession requires an evolutionary standpoint, greater attention to uncertainty and expectations, and the integration of finance into macroeconomics. The result is a broader array of policy options – and challenges – than conventional economics presents.

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 2011
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