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Epic Recession and Economic Theory

In: The First Great Recession of the 21st Century

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  • Jack Rasmus

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

  • Jack Rasmus, 2011. "Epic Recession and Economic Theory," Chapters, in: Óscar Dejuán & Eladio Febrero & Maria Cristina Marcuzzo (ed.), The First Great Recession of the 21st Century, chapter 8, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:14193_8
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    Keywords

    Economics and Finance;

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