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Economics of the Real World By Peter Donaldson

Economics of the Real World

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Arguing that economic policies have exacerbated the impact of world recession from which Britain should have been relatively immune, the author contends that the underlying issues for economics are quality of output, the nature of work and a more equal sharing of income and wealth.

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Economics of the Real World Summary


Economics of the Real World by Peter Donaldson

In recent years a dramatic counter-revolution has taken place in economic theory and policy - a rejection of Keynesian interventionism and the re-assertion of the old orthodoxy. As in the 1930s, wage cuts and balanced budgets are seen as the way to improve competitiveness and solve unemployment. It appears we have learnt nothing from earlier experience. Arguing that economic policies have exacerbated the impact of world recession from which Britain should have been relatively immune, the author contends that the underlying issues are quality of output and consumption, the nature of work and a more equal sharing of the freedom and power that income and wealth confer.

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Additional information

GOR002575804
Economics of the Real World by Peter Donaldson
Peter Donaldson
Penguin economics
Used - Very Good
Paperback
Penguin Books Ltd
1992-03-26
240
0140135669
9780140135664
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us.