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Business Competition and the 2007–08 Financial Crisis: A Post Keynesian Approach

In: Heterodox Analysis of Financial Crisis and Reform

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  • Tuna Baskoy

Abstract

Though the worst of the financial crisis of 2008 has, with hope, ebbed, it has forever changed the economy in the United States and throughout the rest of the world. Using the financial and economic crisis as a catalyst, this volume examines how to better regulate the financial system and what to expect in the future if no steps are made toward reform. This book lays the foundation for those steps by providing concrete ideas that will push policy in the direction of jobs growth and widespread prosperity.

Suggested Citation

  • Tuna Baskoy, 2011. "Business Competition and the 2007–08 Financial Crisis: A Post Keynesian Approach," Chapters, in: Joëlle Leclaire & Tae-Hee Jo & Jane Knodell (ed.), Heterodox Analysis of Financial Crisis and Reform, chapter 10, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:13978_10
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    References listed on IDEAS

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    1. Lee,Frederic S., 2006. "Post Keynesian Price Theory," Cambridge Books, Cambridge University Press, number 9780521030212, January.
    2. Jonathan P. Goldstein, 1985. "Pricing, Accumulation, and Crisis in Post Keyesian Theory," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 8(1), pages 121-134, September.
    3. Paul Davidson, 1978. "Money and the Real World," Palgrave Macmillan Books, Palgrave Macmillan, edition 0, number 978-1-349-15865-2, October.
    4. R. L. Hall & C. J. Hitch, 1939. "Price Theory And Business Behaviour," Oxford Economic Papers, Oxford University Press, vol. 0(1), pages 12-45.
    5. Marc Lavoie, 2009. "Introduction to Post-Keynesian Economics," Palgrave Macmillan Books, Palgrave Macmillan, number 978-0-230-23548-9, October.
    6. Antonio Meirelles & Gilberto Lima, 2006. "Debt, financial fragility, and economic growth: a Post Keynesian macromodel," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 29(1), pages 93-115.
    7. L. Randall Wray, 2008. "Financial Markets Meltdown: What Can We Learn from Minsky," Economics Public Policy Brief Archive ppb_94, Levy Economics Institute.
    8. Jan Kregel, 2009. "Why don't the bailouts work? Design of a new financial system versus a return to normalcy," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 33(4), pages 653-663, July.
    9. L. Randall Wray, 2009. "The rise and fall of money manager capitalism: a Minskian approach," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 33(4), pages 807-828, July.
    10. Jan Kregel, 2008. "Using Minsky's Cushions of Safety to Analyze the Crisis in the U. S. Subprime Mortgage Market," International Journal of Political Economy, Taylor & Francis Journals, vol. 37(1), pages 3-23.
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    12. Kunal Sen & Rajendra R. Vaidya, 1995. "The Determination of Industrial Prices in India: A Post Keynesian Approach," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 18(1), pages 29-52, September.
    13. Joëlle Leclaire & Tae-Hee Jo & Jane Knodell (ed.), 2011. "Heterodox Analysis of Financial Crisis and Reform," Books, Edward Elgar Publishing, number 13978.
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