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A Theory of Accumulation and Secular Stagnation

BuchGebunden
136 Seiten
Englisch
Springer Palgrave Macmillanerschienen am09.12.20151st ed. 2016
Aronoff explores and extends Thomas Malthus' idea that if an economically significant group saves a large portion of income it plans never to spend, it will cause a deficiency in demand that prevents a market economy from operating at full employment on a sustainable basis.mehr
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Produkt

KlappentextAronoff explores and extends Thomas Malthus' idea that if an economically significant group saves a large portion of income it plans never to spend, it will cause a deficiency in demand that prevents a market economy from operating at full employment on a sustainable basis.
Details
ISBN/GTIN978-1-137-56220-3
ProduktartBuch
EinbandartGebunden
Erscheinungsjahr2015
Erscheinungsdatum09.12.2015
Auflage1st ed. 2016
Seiten136 Seiten
SpracheEnglisch
Gewicht326 g
IllustrationenVIII, 136 p.
Artikel-Nr.35973841
Rubriken
GenreWirtschaft

Inhalt/Kritik

Inhaltsverzeichnis
1. Preface PART I: THE MALTHUS-RICARDO DEBATE 2. The Malthus-Ricardo Debate on General Glut and Secular Stagnation 3. Say's Principle and the Possibility of Deficient Demand PART II: ACCUMULATION AND SECULAR STAGNATION IN THE CONTEMPORARY UNITED STATES 4. The Theory of Accumulation and Secular Stagnation 5. Accumulation and Secular Stagnation in the US After the Turn of the Millennium 6. A Few Concluding Thoughtsmehr
Kritik
"In A Theory of Accumulation and Secular Stagnation ... Daniel Aronoff intelligently looks back to the works of early 19th-century 'classical growth' economist Thomas Malthus. ... Aronoff does a laudable job of showing how Malthus's theories might apply to the current economic environment. ... as investors continue to evaluate potential implications for zero and negative interest rates, weak capital spending, and deflationary pressure, they will find it useful to include Malthus's theory of accumulation as part of their mental models." (Todd Wenning, CFA Institute, cfapubs.org, Vol. 11 (1), 2016)mehr

Schlagworte