Realeconomik: The Hidden Cause of the Great Recession (And How to Avert the Next One)

Realeconomik: The Hidden Cause of the Great Recession (And How to Avert the Next One)

by Grigory Yavlinsky, Antonina W. Bouis
     
 

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A growing complacency that stability has been restored in the wake of recent economic turmoil is not just wishful thinking, it is dangerous thinking

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Overview

A growing complacency that stability has been restored in the wake of recent economic turmoil is not just wishful thinking, it is dangerous thinking

Editorial Reviews

Vartan Gregorian
“Reading Grigory Yavlinsky's remarkable book, I was reminded of Adam Smith, also a moral philosopher concerned with the correlation between individual aspirations and the enlightened evolution of society. It is invaluable to have the perspective of an intellectual such as Yavlinsky writing in the shadow of swiftly moving events on the global stage. He explains how market mechanisms influence international developments ranging from instability in European markets to the recent ‘Great Recession’ in the United States.”—Vartan Gregorian, President, Carnegie Corporation of New York
Michael D. Intriligator
“Yavlinsky provides a new and in-depth interpretation of the events leading to the current recession and broader interpretations of how to avoid future ones. Realeconomik has my enthusiastic endorsement.”—Michael D. Intriligator, University of California, Los Angeles

Peter Reddaway
“With clarity and eloquence, Yavlinsky argues that the deepest cause of the global recession was the erosion of the world economy’s moral dimensions. As a professional economist who has long been a leader of the Russian opposition, he knows how to splice politics and economics. As a politician who has repeatedly declined high office on grounds of principle, he lends the book additional authority. Realeconomik is a work that will, I believe, help to spark a public debate on issues of profound importance for humankind.”—Peter Reddaway, George Washington University
George Soros

“Grigory Yavlinsky’s book is an important contribution to understanding the interplay between social norms and modern economy. The current global crisis makes his analysis especially relevant.”—George Soros

Product Details

ISBN-13:
9780300159103
Publisher:
Yale University Press
Publication date:
11/29/2011
Edition description:
Translatio
Pages:
192
Product dimensions:
6.20(w) x 9.30(h) x 0.90(d)

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