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Crisis, Slump, Superstition and Recovery: Thinking and Acting Beyond Vulgar Keynesianism

2011; RELX Group (Netherlands); Linguagem: Inglês

10.2139/ssrn.1780454

1556-5068

Tamara Lothian, Roberto Mangabeira Unger,

Economic Theory and Policy

The intellectual and practical response to the worldwide crisis of 2007-2009 has exposed the poverty of prevailing ideas about how economies work and fail. The transformative opportunity presented by the crisis has largely been squandered; but the opportunity for insight has not. Insight today can support transformation tomorrow.