A great leap forward: heterodox economic policy for the 21st century
Saved in:
| Main Author: | |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
London
Academic Press, an imprint of Elsevier
[2020]
|
| Subjects: | |
| Online Access: | Inhaltsverzeichnis |
| Physical Description: | xv, 189 Seiten 24 cm |
| ISBN: | 9780128193808 |
Staff View
MARC
| LEADER | 00000nam a2200000 c 4500 | ||
|---|---|---|---|
| 001 | BV046628905 | ||
| 003 | DE-604 | ||
| 005 | 20200605 | ||
| 007 | t | ||
| 008 | 200316s2020 ne |||| 00||| eng d | ||
| 020 | |a 9780128193808 |c pbk. : (£76.95) |9 978-0-12-819380-8 | ||
| 035 | |a (OCoLC)1164603947 | ||
| 035 | |a (DE-599)KXP1682151441 | ||
| 040 | |a DE-604 |b ger |e rda | ||
| 041 | 0 | |a eng | |
| 044 | |a ne |c XA-NL | ||
| 049 | |a DE-355 |a DE-473 | ||
| 082 | 0 | |a 338.9 | |
| 084 | |a QD 000 |0 (DE-625)141277: |2 rvk | ||
| 100 | 1 | |a Wray, L. Randall |d 1953- |e Verfasser |0 (DE-588)142136832 |4 aut | |
| 245 | 1 | 0 | |a A great leap forward |b heterodox economic policy for the 21st century |c Randall Wray (professor of economics, Bard College, and senior scholar, Levy Economics Institute, NY, United States) |
| 264 | 1 | |a London |b Academic Press, an imprint of Elsevier |c [2020] | |
| 300 | |a xv, 189 Seiten |c 24 cm | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b n |2 rdamedia | ||
| 338 | |b nc |2 rdacarrier | ||
| 650 | 0 | 7 | |a Heterodoxe Ökonomie |0 (DE-588)1112289534 |2 gnd |9 rswk-swf |
| 650 | 0 | 7 | |a Wirtschaftspolitik |0 (DE-588)4066493-4 |2 gnd |9 rswk-swf |
| 653 | 0 | |a Economic policy | |
| 689 | 0 | 0 | |a Wirtschaftspolitik |0 (DE-588)4066493-4 |D s |
| 689 | 0 | 1 | |a Heterodoxe Ökonomie |0 (DE-588)1112289534 |D s |
| 689 | 0 | |5 DE-604 | |
| 776 | 0 | 8 | |i Erscheint auch als |n Online-Ausgabe |z 978-0-12-819381-5 |
| 856 | 4 | 2 | |m Digitalisierung UB Regensburg - ADAM Catalogue Enrichment |q application/pdf |u http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=032040485&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |3 Inhaltsverzeichnis |
| 999 | |a oai:aleph.bib-bvb.de:BVB01-032040485 | ||
Record in the Search Index
| _version_ | 1804181314080866304 |
|---|---|
| adam_text | Contents Acknowledgment....................................................................................... Introduction.............................................................................................................. PART A The trouble with financialization............................................ 1 I. What causes financial crises?................................................................. 2 II. The rise of financialization, neocons, and the ownership society...... 6 III. The dark recesses of the financial system: why no one saw “it” coming..............................................................................................10 IV. The global financial crisis explained.................................................... 12 V. The role of lender fraud........................................................................ 16 VI. The four developments that precipitated the crisis............................17 a. Managed money................................. 17 b. Investment banks...................... 19 c. Deregulation and desupervision...................................................... 20 d. The rise of fraud as normal business procedure.......................... 20 VII. Fraud as a business model..................................................................... 22 VIII. The Wall Street bailout.......................................................................... 24 IX. Why we are screwed: it will happen again........................................ 27 X. Did we learn anything from the
crisis?............................................. 31 XI. The end of money manager capitalism?............................................. 33 References.........................................................................................................36 Further reading................................................................................................. 38 PART В The road to social progress....................................................39 I. Aging, social security, and pensions...................................................... 40 a. Demographics and infinite horizon calculations of burdens.......... 40 b. How to pay for social security: truth and fictions.......................... 46 c. Social security, subway tokens, and pizza coupons........................52 d. Private pensions: an introduction......................................................54 e. Reforming pension fund and private savings strategies................ 57 II. Health insurance versus Healthcare.........................................................61 a. Healthcare diversions: the elephant in the room.............................. 62 b. Health insurance diversions: we need less health insurance, not more................................................................................................64 c. Health insurance diversions: the financialization of health (and everything else)...................... 71 d. Selling death........................................................................................ 75 e. The compulsive push for single
payer...............................................78 ix xi
Contents III. Conclusion................................................................................................ 82 References............................................. 82 PART C Tackling poverty and inequality. The road to full employment and price stability.............................................. 85 I. Poverty and the trickle-down economy........................... 85 a. One percenters.......................................................... 85 b. Rising tide........................................................................................... 89 II. Addressing inequality................................................................................93 a. Redistribution or preredistribution? Uncle Sam should not play Robin Hood.......................................................................... 93 b. Basic income: how BIG is big enough? Would the basic income guarantee satisfy the unemployed?..................................... 96 c. What is wrong with a big BIG, as viewed from the JG perspective?........................................................................................100 III. A JOB FOR ALL. Dignity, income, and social production for shared prosperity............................................................................... 107 a. A plan for all Detroits out there..................................................... 107 b. How to eliminate the scourge of unemployment: jobs now at a living wage................................................................................. Ill c. Workers will do nothing useful and the JG
will not be manageable: a response..................................................................... 115 d. A consensus strategy for a universal job guarantee program..... 123 IV. Robotization: a not so scary tale........................................................... 127 References....................................................................................................... 132 Further reading................................................................................................134 PART D Money and the public purpose.............................................137 I. Reforming banking and finance............................................................ 137 II. The role of the government in the monetary system..........................140 a. The basics of money creation...........................................................140 b. Taxes drive the sovereign’s currency.......... .....................................143 c. Taxes and the public purpose...........................................................150 d. The sectoral balance approach..........................................................152 III. Financing government: money andthe public interest......................... 155 a. What is the right size for government?............................................156 b. The right size versus the right side of deficit and debt ratio: the Wray curve................................................................................... 160 c. External constraints........................................................................... 164 IV.
Secular stagnation................................................................................... 168
Contents a. Bow down to the bubble: Larry Summers and Paul Krugman embrace the secular stagnation thesis............................................ 168 V. Financing the progressive agenda........................................................ 177 a. What is technically possible is affordable......................................177 b. Paying for the Green New Deal...................................................... 178 References....................... 185 Further reading............................................................................................... 186 Index 187 vii
|
| adam_txt |
Contents Acknowledgment. Introduction. PART A The trouble with financialization. 1 I. What causes financial crises?. 2 II. The rise of financialization, neocons, and the ownership society. 6 III. The dark recesses of the financial system: why no one saw “it” coming.10 IV. The global financial crisis explained. 12 V. The role of lender fraud. 16 VI. The four developments that precipitated the crisis.17 a. Managed money. 17 b. Investment banks. 19 c. Deregulation and desupervision. 20 d. The rise of fraud as normal business procedure. 20 VII. Fraud as a business model. 22 VIII. The Wall Street bailout. 24 IX. Why we are screwed: it will happen again. 27 X. Did we learn anything from the
crisis?. 31 XI. The end of money manager capitalism?. 33 References.36 Further reading. 38 PART В The road to social progress.39 I. Aging, social security, and pensions. 40 a. Demographics and infinite horizon calculations of burdens. 40 b. How to pay for social security: truth and fictions. 46 c. Social security, subway tokens, and pizza coupons.52 d. Private pensions: an introduction.54 e. Reforming pension fund and private savings strategies. 57 II. Health insurance versus Healthcare.61 a. Healthcare diversions: the elephant in the room. 62 b. Health insurance diversions: we need less health insurance, not more.64 c. Health insurance diversions: the financialization of health (and everything else). 71 d. Selling death. 75 e. The compulsive push for single
payer.78 ix xi
Contents III. Conclusion. 82 References. 82 PART C Tackling poverty and inequality. The road to full employment and price stability. 85 I. Poverty and the trickle-down economy. 85 a. One percenters. 85 b. Rising tide. 89 II. Addressing inequality.93 a. Redistribution or preredistribution? Uncle Sam should not play Robin Hood. 93 b. Basic income: how BIG is big enough? Would the basic income guarantee satisfy the unemployed?. 96 c. What is wrong with a big BIG, as viewed from the JG perspective?.100 III. A JOB FOR ALL. Dignity, income, and social production for shared prosperity. 107 a. A plan for all Detroits out there. 107 b. How to eliminate the scourge of unemployment: jobs now at a living wage. Ill c. Workers will do nothing useful and the JG
will not be manageable: a response. 115 d. A consensus strategy for a universal job guarantee program. 123 IV. Robotization: a not so scary tale. 127 References. 132 Further reading.134 PART D Money and the public purpose.137 I. Reforming banking and finance. 137 II. The role of the government in the monetary system.140 a. The basics of money creation.140 b. Taxes drive the sovereign’s currency. .143 c. Taxes and the public purpose.150 d. The sectoral balance approach.152 III. Financing government: money andthe public interest. 155 a. What is the right size for government?.156 b. The right size versus the right side of deficit and debt ratio: the Wray curve. 160 c. External constraints. 164 IV.
Secular stagnation. 168
Contents a. Bow down to the bubble: Larry Summers and Paul Krugman embrace the secular stagnation thesis. 168 V. Financing the progressive agenda. 177 a. What is technically possible is affordable.177 b. Paying for the Green New Deal. 178 References. 185 Further reading. 186 Index 187 vii |
| any_adam_object | 1 |
| any_adam_object_boolean | 1 |
| author | Wray, L. Randall 1953- |
| author_GND | (DE-588)142136832 |
| author_facet | Wray, L. Randall 1953- |
| author_role | aut |
| author_sort | Wray, L. Randall 1953- |
| author_variant | l r w lr lrw |
| building | Verbundindex |
| bvnumber | BV046628905 |
| classification_rvk | QD 000 |
| ctrlnum | (OCoLC)1164603947 (DE-599)KXP1682151441 |
| dewey-full | 338.9 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 338 - Production |
| dewey-raw | 338.9 |
| dewey-search | 338.9 |
| dewey-sort | 3338.9 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| discipline_str_mv | Wirtschaftswissenschaften |
| format | Book |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>01683nam a2200385 c 4500</leader><controlfield tag="001">BV046628905</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">20200605 </controlfield><controlfield tag="007">t</controlfield><controlfield tag="008">200316s2020 ne |||| 00||| eng d</controlfield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9780128193808</subfield><subfield code="c">pbk. : (£76.95)</subfield><subfield code="9">978-0-12-819380-8</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1164603947</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)KXP1682151441</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="044" ind1=" " ind2=" "><subfield code="a">ne</subfield><subfield code="c">XA-NL</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-355</subfield><subfield code="a">DE-473</subfield></datafield><datafield tag="082" ind1="0" ind2=" "><subfield code="a">338.9</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">QD 000</subfield><subfield code="0">(DE-625)141277:</subfield><subfield code="2">rvk</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Wray, L. Randall</subfield><subfield code="d">1953-</subfield><subfield code="e">Verfasser</subfield><subfield code="0">(DE-588)142136832</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">A great leap forward</subfield><subfield code="b">heterodox economic policy for the 21st century</subfield><subfield code="c">Randall Wray (professor of economics, Bard College, and senior scholar, Levy Economics Institute, NY, United States)</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">London</subfield><subfield code="b">Academic Press, an imprint of Elsevier</subfield><subfield code="c">[2020]</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">xv, 189 Seiten</subfield><subfield code="c">24 cm</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">n</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">nc</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Heterodoxe Ökonomie</subfield><subfield code="0">(DE-588)1112289534</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Wirtschaftspolitik</subfield><subfield code="0">(DE-588)4066493-4</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="653" ind1=" " ind2="0"><subfield code="a">Economic policy</subfield></datafield><datafield tag="689" ind1="0" ind2="0"><subfield code="a">Wirtschaftspolitik</subfield><subfield code="0">(DE-588)4066493-4</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2="1"><subfield code="a">Heterodoxe Ökonomie</subfield><subfield code="0">(DE-588)1112289534</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2=" "><subfield code="5">DE-604</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Erscheint auch als</subfield><subfield code="n">Online-Ausgabe</subfield><subfield code="z">978-0-12-819381-5</subfield></datafield><datafield tag="856" ind1="4" ind2="2"><subfield code="m">Digitalisierung UB Regensburg - ADAM Catalogue Enrichment</subfield><subfield code="q">application/pdf</subfield><subfield code="u">http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=032040485&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA</subfield><subfield code="3">Inhaltsverzeichnis</subfield></datafield><datafield tag="999" ind1=" " ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-032040485</subfield></datafield></record></collection> |
| id | DE-604.BV046628905 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T14:10:13Z |
| indexdate | 2024-07-10T08:49:40Z |
| institution | BVB |
| isbn | 9780128193808 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-032040485 |
| oclc_num | 1164603947 |
| open_access_boolean | |
| owner | DE-355 DE-BY-UBR DE-473 DE-BY-UBG |
| owner_facet | DE-355 DE-BY-UBR DE-473 DE-BY-UBG |
| physical | xv, 189 Seiten 24 cm |
| publishDate | 2020 |
| publishDateSearch | 2020 |
| publishDateSort | 2020 |
| publisher | Academic Press, an imprint of Elsevier |
| record_format | marc |
| spelling | Wray, L. Randall 1953- Verfasser (DE-588)142136832 aut A great leap forward heterodox economic policy for the 21st century Randall Wray (professor of economics, Bard College, and senior scholar, Levy Economics Institute, NY, United States) London Academic Press, an imprint of Elsevier [2020] xv, 189 Seiten 24 cm txt rdacontent n rdamedia nc rdacarrier Heterodoxe Ökonomie (DE-588)1112289534 gnd rswk-swf Wirtschaftspolitik (DE-588)4066493-4 gnd rswk-swf Economic policy Wirtschaftspolitik (DE-588)4066493-4 s Heterodoxe Ökonomie (DE-588)1112289534 s DE-604 Erscheint auch als Online-Ausgabe 978-0-12-819381-5 Digitalisierung UB Regensburg - ADAM Catalogue Enrichment application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=032040485&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Wray, L. Randall 1953- A great leap forward heterodox economic policy for the 21st century Heterodoxe Ökonomie (DE-588)1112289534 gnd Wirtschaftspolitik (DE-588)4066493-4 gnd |
| subject_GND | (DE-588)1112289534 (DE-588)4066493-4 |
| title | A great leap forward heterodox economic policy for the 21st century |
| title_auth | A great leap forward heterodox economic policy for the 21st century |
| title_exact_search | A great leap forward heterodox economic policy for the 21st century |
| title_exact_search_txtP | A great leap forward heterodox economic policy for the 21st century |
| title_full | A great leap forward heterodox economic policy for the 21st century Randall Wray (professor of economics, Bard College, and senior scholar, Levy Economics Institute, NY, United States) |
| title_fullStr | A great leap forward heterodox economic policy for the 21st century Randall Wray (professor of economics, Bard College, and senior scholar, Levy Economics Institute, NY, United States) |
| title_full_unstemmed | A great leap forward heterodox economic policy for the 21st century Randall Wray (professor of economics, Bard College, and senior scholar, Levy Economics Institute, NY, United States) |
| title_short | A great leap forward |
| title_sort | a great leap forward heterodox economic policy for the 21st century |
| title_sub | heterodox economic policy for the 21st century |
| topic | Heterodoxe Ökonomie (DE-588)1112289534 gnd Wirtschaftspolitik (DE-588)4066493-4 gnd |
| topic_facet | Heterodoxe Ökonomie Wirtschaftspolitik |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=032040485&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| work_keys_str_mv | AT wraylrandall agreatleapforwardheterodoxeconomicpolicyforthe21stcentury |