The great recession : market failure or policy failure? / Robert L. Hetzel.
Material type:
TextPublication details: Cambridge ; New York : Cambridge University Press, 2012.Description: xiv, 384, [385] p. : ill. ; 24 cmISBN: - 9781107011885 (hb.)
- 330.973 HET
| Item type | Current library | Collection | Call number | Status | Date due | Barcode |
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Symbiosis Institute of Business Management, Bengaluru SIBMB-2B | 330.973 HET (Browse shelf(Opens below)) | Available | SIBMB-B-009100 | ||
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Symbiosis Institute of Business Management, Bengaluru SIBMB-REF-A | Reference | 330.973 HET (Browse shelf(Opens below)) | Not For Loan | SIBMB-B-009101 |
Includes bibliographical references (p. 351-376) and index.
The 2008–9 recession destroyed the professional consensus about the kinds of models required to understand cyclical fluctuations, reviving credit-cycle explanations of the recession that dominated nineteenth- and early twentieth-century thinking. These 'market-disorder' views emphasize excessive risk-taking in financial markets and the need for government regulation.
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