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    Economics for Sustainable Prosperity
    Economics for Sustainable Prosperity
    Economics for Sustainable Prosperity
    Ebook494 pages6 hours

    Economics for Sustainable Prosperity

    By Steven Hail

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    About this ebook

    The central argument of this book is that the foundations for sustainable prosperity lie in an approach to economic management based on modern monetary theory and a job guarantee. This approach builds on the work of Keynes, Kalecki, Minsky, Davidson, Godley and other Post- Keynesian economists—as well as research by behavioral economists including Simon, Kahneman and Loewenstein—to explore the role that a permanent, equitable job guarantee could play in building an inclusive, participatory and just society. Orthodox (neoclassical) economics, in its various forms, has failed to deliver sustainable prosperity. An important reason for this failure is its lack of realistic foundations. It misrepresents both human nature and economic institutions, and its use as a frame for the development and assessment of economic policy proposals has had disastrous consequences for social inclusion and the quality of life of millions of people. This book discusses an alternative, more realistic and moreuseful set of economic foundations, which could deliver the opportunity of a decent quality of life with dignity to all. 
    LanguageEnglish
    PublisherPalgrave Macmillan
    Release dateMay 11, 2018
    ISBN9783319909813
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      Economics for Sustainable Prosperity - Steven Hail

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