Download Zombie Economics: How Dead Ideas Still Walk Among Us AudioBook Free
In the graveyard of financial ideology, lifeless ideas still stalk the land. The recent financial meltdown laid bare many of the assumptions behind market liberalism--the theory that market-based solutions are always best, regardless of the problem. For many years, their advocates dominated mainstream economics, and their affect created something where an unthinking faith in markets led many to view speculative investment funds as fundamentally safe. The problems appeared to have wiped out off these ideas, but they still go on in the minds of many--members of the public, commentators, politicians, economists, and even those charged with cleaning up the clutter. In Zombie Economics, John Quiggin explains how these lifeless ideas still walk among us--and why we must find a way to destroy them once and for all if we are to avoid an even bigger financial meltdown in the foreseeable future. Zombie Economics takes the reader through the roots, outcomes, and implosion of something of ideas whose time has come and vanished. These beliefs--that deregulation had conquered the financial pattern, that markets were always the best judge of value, that policies designed to advantage the abundant made everyone better off--brought us to the brink of devastation once before, and their consistent hang on many threatens to do so again. Because these ideas will never perish unless there can be an solution, Zombie Economics also appears ahead at what could replace market liberalism, arguing a simple go back to traditional Keynesian economics and the politics of the welfare state will never be enough--either to destroy lifeless ideas, or prevent future crises.
