Degeneration, Crisis and Disorder

Steven Rosefielde and Daniel Quinn Mills

Chapter 7 in Global Economic Turmoil and the Public Good, 2015, pp 91-94 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The global economy experienced a sustained advance after World War II due to technological progress, modernization, development, marketization, liberalization, democratization, globalization, the demise of communist command planning and the end of the Cold War. Success however often sows the seeds of decay. The world economy after a good start appears to have lost its vitality during the 2008 global financial crisis…

Keywords: Global Economic Crisis; Global Financial Crisis; Crisis Prevention; Global Economic Sclerosis; European Union; Monetary Union; Fiscal Union; United States; China; India; Japan; Monetary Policy; Keynesianism; Central Banking; Fiscal Policy (search for similar items in EconPapers)
Date: 2015
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