Consequences of Economic Downturn [electronic resource] : Beyond the Usual Economics / edited by M. Starr.
Material type:
- text
- computer
- online resource
- 9780230118355
- Macroeconomics
- Economic theory
- Labor economics
- Regional economics
- Spatial economics
- Welfare economics
- Macroeconomics/Monetary Economics//Financial Economics
- Economic Theory/Quantitative Economics/Mathematical Methods
- Labor Economics
- Regional/Spatial Science
- Social Choice/Welfare Economics/Public Choice/Political Economy
- 339
- HB172.5
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The 2007-09 financial crisis and economic downturn inflicted considerable hardship on the U.S. population. This book argues that the financial crisis and ensuing recession reflected not just a malfunctioning of the financial system - but also inequalities and insecurities in access to livelihoods that favor well-off groups and leave ordinary people shouldering undue burdens of downside risk. This book, a collection of original papers by leading social economists and scholars in related fields, examines social, distributional, and ethical dimensions of the downturn. It should be of broad interest to the social-science and economic-policy communities.
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