Blackstone Publishing
Money and Government: The Past and Future of Economics
Key Metrics
- Robert Skidelsky
- Blackstone Publishing
- Audio
- 9781982544690
- -
- -
- Business & Economics > Economics - Macroeconomics
- English
Secure TransactionBook Description
A critical examination of economics' past and future, and how it needs to change, by one of the most eminent political economists of our time
The dominant view in economics is that money and government should play only a minor role in economic life. Economic outcomes, it is claimed, are best left to the invisible hand of the market. Yet these claims remain staunchly unsettled. The view taken in this important new book is that the omnipresence of uncertainty makes money and government essential features of any market economy.
Since Adam Smith, classical economics has espoused non-intervention in markets. The Great Depression brought Keynesian economics to the fore; but stagflation in the 1970s brought a return to small-state orthodoxy. The 2008 global financial crash should have brought a reevaluation of that stance; instead the response has been punishing austerity and anemic recovery. This book aims to reintroduce Keynes's central insights to a new generation of economists, and embolden them to return money and government to the starring roles in the economic drama that they deserve.
Author Bio
Robert Skidelsky is emeritus professor of political economy at Warwick University. His three-volume biography of John Maynard Keynes (1983,1992, 2000) won five prizes and his book on the financial crisis – Keynes: The Return of the Master – was published in September 2010. He was made a member of the House of Lords in 1991 (he sits on the cross-benches) and elected a fellow of the British Academy in 1994. How Much is Enough? The Love of Money and the Case for the Good Life, co-written with his son Edward, was published in July 2012.
He is also the author of Britain in the 20th Century: A Success? (Vintage, 2014), editor of The Essential Keynes (Penguin Classics, 2015), and co-editor of Who Runs the Economy? (Palgrave, 2016) and Austerity Vs Stimulus (Palgrave, 2017).
He has recently written and filmed a series of lectures on the History and Philosophy of Economics which will be made available as an open online course in partnership with the Institute for New Economics Thinking.
His latest book is Money and Government, which will be published by Allen Lane in September 2018. He is now working on a book about automation and the future of work.
Source: robertskidelsky.com
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