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Once in a while the world astonishes itself. Anxious incredulity replaces intellectual torpor and a puzzled public strains its antennae in every possible direction, desperately seeking explanations for the causes and nature of what just hit it. 2008 was such a moment. Not only did the financial system collapse, and send the real economy into a tailspin, but it also revealed the great gulf separating economics from a very real capitalism. Modern Political Economics has a single aim: To help readers make sense of how 2008 came about and what the post-2008 world has in store. The book is divided into two parts. The first part delves into every major economic theory, from Aristotle to the present, with a determination to discover clues of what went wrong in 2008. The main finding is that all economic theory is inherently flawed. Any system of ideas whose purpose is to describe capitalism in mathematical or engineering terms leads to inevitable logical inconsistency; an inherent error that stands between us and a decent grasp of capitalist reality. The only scientific truth about capitalism is its radical indeterminacy, a condition which makes it impossible to use science's tools (e.g. calculus and statistics) to second-guess it. The second part casts an attentive eye on the post-war era; on the breeding ground of the Crash of 2008. It distinguishes between two major post-war phases: The Global Plan (1947-1971) and the Global Minotaur (1971-2008). This dynamic new book delves into every major economic theory and maps out meticulously the trajectory that global capitalism followed from post-war almost centrally planned stability, to designed disintegration in the 1970s, to an intentional magnification of unsustainable imbalances in the 1980s and, finally, to the most spectacular privatisation of money in the 1990s and beyond. Modern Political Economics is essential reading for Economics students and anyone seeking a better understanding of the 2008 economic crash.

Discover the hidden world of the meadow in this unique combination of poetry riddles and science wisdom. Beginning with the rising sun and ending with twilight, this book takes us on a tour through the Women download PDF fields, encouraging us to watch for a nest of rabbits, a foamy spittlebug, a leaping grasshopper, bright milkweed, a quick fox, and a cruising hawk. and an Afterword by E. L. Doctorow" Analysing Casual Conversation, first published in 1997 by Cassell, develops a systematic model for the analysis and description of casual conversation in English. Working through authentic examples of casual conversations involving participants differing in age, gender, ethnicity and socio-economic class, the authors argue that despite its sometimes aimless appearance and apparently unstructured content, casual conversation is a highly structured activity and plays a critical role in the social construction of reality. Drawing on insights from sociology, linguistics and critical semiotics, the book equips readers with the analytic skills to describe the layers of structure and critical interpretive frameworks to explain the 'social work' that goes on through chat.

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Author: Yanis Varoufakis,Joseph Halevi,Nicholas J. Theocarakis
Number of Pages: 552 pages
Published Date: 14 Jul 2011
Publisher: Taylor & Francis Ltd
Publication Country: London, United Kingdom
Language: English
ISBN: 9780415428880
Download Link: Click Here
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