Capitalism without Capital

Name: Capitalism without Capital
Brand: PALGRAVE MACMILLAN
SKU: 9781137442437
Price: 115.7 EUR
Availability: InStock

Accounting for the crash

Автор: Alan Shipman

Език:

Корици: С твърди корици

Издател: PALGRAVE MACMILLAN

Наличност: Външен склад в ограничено количество

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115.70 € 226.30 лв

An unusual consensus has developed among economists that the 'long boom' before 2008, and the subseq...

Информация за книгата

Автор

Alan Shipman

Език

Английски език

Корици

Книга - С твърди корици

Издадена

2015

страници

180

EAN

9781137442437

ISBN

1137442433

Enbook ID

09238005

Издател

PALGRAVE MACMILLAN

Теглоt

348

Размери

223 x 145 x 16

Пълно описание

An unusual consensus has developed among economists that the 'long boom' before 2008, and the subsequent crisis and recession, resulted from a global excess of capital. Over-supply of saving drive down capital costs, encouraging excessively risky investment and preventing the scrapping of outmoded plant. Capital's inexorable growth is also blamed for a prolonged squeeze on wages, rising elite wealth and worsening global inequality. This book explores the obvious clash between such arguments and actual measurements of capital, which show a small and shrinking 'productive' component, and a deepening disconnection between capital accumulation and economic growth. It traces the conflict to the continued absence of consistent definitions or measurements of capital, and neglect of the complex connection between aggregate capital and wealth. Capital 'gains' and 'losses', and the growing domination of income statements by balance sheets, undermine attempts to sidestep the problem by reconstituting economics as a system of flows.

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Capitalism without Capital

Accounting for the crash

Информация за книгата

Пълно описание

Може също да ви хареса

Клиенти, които купиха тази книга, купиха също