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What Kind of New Theory in Light of the Crisis? A Focus on Theoretical Approach

Sheila Dow

Chapter 1 in Foundations for New Economic Thinking, 2012, pp 1-14 from Palgrave Macmillan

Abstract: Abstract There is an appetite among economists, as well as among policymakers and concerned citizens, for new economic thinking. What was previously regarded as standard economic theory seems to many to have failed us, not only in addressing the series of crises which began in 2007, but also in being implicated in the causes of the crises.

Keywords: Monetary Policy; Methodological Approach; Hard Core; Economic Thinking; Mainstream Economic (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-00072-9_1

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DOI: 10.1057/9781137000729_1

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