000			02091cam a22002537i 4500
999			_c35667 _d35667
010			_a 2015933801
020			_a9780300213546
082	0	4	_a330.0112 DE HU
100	1		_aDesai, Meghnad _926498
245	1	0	_aHubris : _bwhy economists failed to predict the crisis and how to avoid the next one _cMeghnad Desai
260			_aLondon : _bYale University Press, _cc2015.
300			_axii, 287 p. : _bill. ; _c23 cm.
504			_aIncludes bibliographical references (pages 269-272) and index.
520			_aThe failure of economists to anticipate the global financial crisis and mitigate the impact of the ensuing recession has spurred a public outcry. Economists are under fire, but questions concerning exactly how to redeem the discipline remain unanswered. In this provocative book, renowned economist Meghnad Desai investigates the evolution of economics and maps its trajectory against the occurrence of major political events to provide a definitive answer. Desai underscores the contribution of hubris to economists' calamitous lack of foresight, and he makes a persuasive case for the profession to re-engage with the history of economic thought. He dismisses the notion that one over-arching paradigm can resolve all economic eventualities while urging that an array of already-available theories and approaches be considered anew for the insights they may provide toward preventing future economic catastrophes. With an accessible style and keen common sense, Desai offers a fresh perspective on some of the most important economic issues of our time.
650		0	_aEconomic forecasting _917439
650		0	_aFinancial crises _92248
650		0	_aEconomic history _9928
650		0	_aEconomics _xPhilosophy _924435
856			_uhttps://uowd.box.com/s/3imhp81v3t8qrb4vtme6a4pclhcfymso _zLocation Map