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Innovation, Growth, Cycles and Finance: Three (or Four or More) Stories from the 1930s and their Lessons

In: The First Great Recession of the 21st Century

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  • Catherine P. Winnett
  • Adrian B. Winnett

Abstract

The 2008–10 financial crisis and the global recession it created is a complex phenomenon that warrants detailed examination. The various essays in this book utilise several alternative paradigms to provide a plausible explanation and a credible cure. Great detail is given to this important analysis from different theoretical perspectives, presenting a clearer understanding of what went wrong and expounding misinterpretations of current theories and practices.

Suggested Citation

  • Catherine P. Winnett & Adrian B. Winnett, 2011. "Innovation, Growth, Cycles and Finance: Three (or Four or More) Stories from the 1930s and their Lessons," Chapters, in: Óscar Dejuán & Eladio Febrero & Maria Cristina Marcuzzo (ed.), The First Great Recession of the 21st Century, chapter 7, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:14193_7
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    References listed on IDEAS

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    7. Óscar Dejuán & Eladio Febrero & Maria Cristina Marcuzzo (ed.), 2011. "The First Great Recession of the 21st Century," Books, Edward Elgar Publishing, number 14193.
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    9. Hicks, J. R., 1969. "A Theory of Economic History," OUP Catalogue, Oxford University Press, number 9780198811633.
    10. Fritz Machlup, 1939. "Period Analysis and Multiplier Theory," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 54(1_Part_1), pages 1-27.
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