Modern Political Economics: Making Sense of the Post-2008 World

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9780415428880: Modern Political Economics: Making Sense of the Post-2008 World

Once in a while the world astonishes itself. Anxious incredulity replaces intellectual torpor and a puzzled public strains its antennae in every possible direction, desperately seeking explanations for the causes and nature of what just hit it. 2008 was such a moment. Not only did the financial system collapse, and send the real economy into a tailspin, but it also revealed the great gulf separating economics from a very real capitalism. Modern Political Economics has a single aim: To help readers make sense of how 2008 came about and what the post-2008 world has in store.

The book is divided into two parts. The first part delves into every major economic theory, from Aristotle to the present, with a determination to discover clues of what went wrong in 2008. The main finding is that all economic theory is inherently flawed. Any system of ideas whose purpose is to describe capitalism in mathematical or engineering terms leads to inevitable logical inconsistency; an inherent error that stands between us and a decent grasp of capitalist reality. The only scientific truth about capitalism is its radical indeterminacy, a condition which makes it impossible to use science's tools (e.g. calculus and statistics) to second-guess it. The second part casts an attentive eye on the post-war era; on the breeding ground of the Crash of 2008. It distinguishes between two major post-war phases: The Global Plan (1947-1971) and the Global Minotaur (1971-2008).

This dynamic new book delves into every major economic theory and maps out meticulously the trajectory that global capitalism followed from post-war almost centrally planned stability, to designed disintegration in the 1970s, to an intentional magnification of unsustainable imbalances in the 1980s and, finally, to the most spectacular privatisation of money in the 1990s and beyond. Modern Political Economics is essential reading for Economics students and anyone seeking a better understanding of the 2008 economic crash.

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About the Author:

Yanis Varoufakis is Professor of Economic Theory at the University of Athens, Greece.

Joseph Halevi is Senior Lecturer at the University of Sydney, Australia.

Nicholas Theocarakis is Assistant Professor of Political Economy and History of Economic Thought at the University of Athens, Greece.

Review:

'an astonishing tour de force of math, metaphysics, and political economy in the grand tradition, all unfolded in fugal counterpoint'. - Brian Collins, Los Angeles Review of Books

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Yanis Varoufakis, Joseph Halevi, Nicholas J. Theocarakis
Editorial: Taylor Francis Ltd, United Kingdom (2011)
ISBN 10: 0415428882 ISBN 13: 9780415428880
Nuevos Paperback Cantidad: 10
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Descripción Taylor Francis Ltd, United Kingdom, 2011. Paperback. Estado de conservación: New. Language: English . Brand New Book. Once in a while the world astonishes itself. Anxious incredulity replaces intellectual torpor and a puzzled public strains its antennae in every possible direction, desperately seeking explanations for the causes and nature of what just hit it. 2008 was such a moment. Not only did the financial system collapse, and send the real economy into a tailspin, but it also revealed the great gulf separating economics from a very real capitalism. Modern Political Economics has a single aim: To help readers make sense of how 2008 came about and what the post-2008 world has in store. The book is divided into two parts. The first part delves into every major economic theory, from Aristotle to the present, with a determination to discover clues of what went wrong in 2008. The main finding is that all economic theory is inherently flawed. Any system of ideas whose purpose is to describe capitalism in mathematical or engineering terms leads to inevitable logical inconsistency; an inherent error that stands between us and a decent grasp of capitalist reality. The only scientific truth about capitalism is its radical indeterminacy, a condition which makes it impossible to use science s tools (e.g. calculus and statistics) to second-guess it. The second part casts an attentive eye on the post-war era; on the breeding ground of the Crash of 2008. It distinguishes between two major post-war phases: The Global Plan (1947-1971) and the Global Minotaur (1971-2008). This dynamic new book delves into every major economic theory and maps out meticulously the trajectory that global capitalism followed from post-war almost centrally planned stability, to designed disintegration in the 1970s, to an intentional magnification of unsustainable imbalances in the 1980s and, finally, to the most spectacular privatisation of money in the 1990s and beyond. Modern Political Economics is essential reading for Economics students and anyone seeking a better understanding of the 2008 economic crash. Nº de ref. de la librería AA69780415428880

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Yanis Varoufakis, Joseph Halevi, Nicholas J. Theocarakis
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ISBN 10: 0415428882 ISBN 13: 9780415428880
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Descripción Taylor and Francis 2011-06-01, London, 2011. paperback. Estado de conservación: New. Nº de ref. de la librería 9780415428880

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Yanis Varoufakis, Joseph Halevi, Nicholas J. Theocarakis
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ISBN 10: 0415428882 ISBN 13: 9780415428880
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Descripción Taylor Francis Ltd, United Kingdom, 2011. Paperback. Estado de conservación: New. Language: English . Brand New Book. Once in a while the world astonishes itself. Anxious incredulity replaces intellectual torpor and a puzzled public strains its antennae in every possible direction, desperately seeking explanations for the causes and nature of what just hit it. 2008 was such a moment. Not only did the financial system collapse, and send the real economy into a tailspin, but it also revealed the great gulf separating economics from a very real capitalism. Modern Political Economics has a single aim: To help readers make sense of how 2008 came about and what the post-2008 world has in store. The book is divided into two parts. The first part delves into every major economic theory, from Aristotle to the present, with a determination to discover clues of what went wrong in 2008. The main finding is that all economic theory is inherently flawed. Any system of ideas whose purpose is to describe capitalism in mathematical or engineering terms leads to inevitable logical inconsistency; an inherent error that stands between us and a decent grasp of capitalist reality. The only scientific truth about capitalism is its radical indeterminacy, a condition which makes it impossible to use science s tools (e.g. calculus and statistics) to second-guess it. The second part casts an attentive eye on the post-war era; on the breeding ground of the Crash of 2008. It distinguishes between two major post-war phases: The Global Plan (1947-1971) and the Global Minotaur (1971-2008). This dynamic new book delves into every major economic theory and maps out meticulously the trajectory that global capitalism followed from post-war almost centrally planned stability, to designed disintegration in the 1970s, to an intentional magnification of unsustainable imbalances in the 1980s and, finally, to the most spectacular privatisation of money in the 1990s and beyond. Modern Political Economics is essential reading for Economics students and anyone seeking a better understanding of the 2008 economic crash. Nº de ref. de la librería AA69780415428880

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Varoufakis, Yanis;halevi, Joseph;theocarakis, Nicholas; Varoufakis, Yani
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Varoufakis, Yanis; Halevi, Joseph; Theocarakis, Nicholas J.
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Descripción Taylor & Francis Ltd, 2011. Estado de conservación: New. 2011. 1st Edition. Paperback. Num Pages: 552 pages, 29 black & white illustrations, 2 black & white tables, 29 black & white line drawings. BIC Classification: KCP; KCS; KCX. Category: (UP) Postgraduate, Research & Scholarly. Dimension: 244 x 173 x 33. Weight in Grams: 910. . . . . . . Nº de ref. de la librería V9780415428880

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Descripción 2011. PAP. Estado de conservación: New. New Book. Shipped from US within 10 to 14 business days. Established seller since 2000. Nº de ref. de la librería VT-9780415428880

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Theocarakis Nicholas J. Halevi Joseph Varoufakis Yanis
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VAROUFAKIS, YANIS; HALEVI, JOSEPH; THEOCARAKIS, NICHOLAS J.
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Descripción Taylor & Francis Ltd. Estado de conservación: New. 2011. 1st Edition. Paperback. Num Pages: 552 pages, 29 black & white illustrations, 2 black & white tables, 29 black & white line drawings. BIC Classification: KCP; KCS; KCX. Category: (UP) Postgraduate, Research & Scholarly. Dimension: 244 x 173 x 33. Weight in Grams: 910. . . . . . Books ship from the US and Ireland. Nº de ref. de la librería V9780415428880

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