International Money and the Real World

Download or read book International Money and the Real World written by P. Davidson and published by Springer. This book was released on 1992-06-24 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: This revised edition updates the post-Keynesian analysis of the earlier edition by providing a greater emphasis on capital movements, the development of regional common markets and the global debt and payments problems spawned in the 1980s. It explains why orthodox economic policies have often failed to achieve their objectives and if they work they do so only by inflicting unnecessarily high costs on society. The civilized policies developed in this volume, on the other hand, can achieve society's goals while enhancing the many benefits of an entrepreneurial economy.