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Electronic Book
Author IAvlinskii, G. (Grigorii)

Title Realeconomik [electronic resource] : the hidden cause of the Great Recession (and how to avert the next one) / Grigory Yavlinsky ; translated from the Russian by Antonina W. Bouis.

Imprint New Haven : Yale University Press, c2011.

Copies

Location Call No. OPAC Message Status
 Axe ProQuest E-Book  Electronic Book    ---  Available
Description xiii, 166 p.
Bibliography Includes bibliographical references (p. [155]-157) and index.
Summary "This book directly confronts uncomfortable questions that many prefer to brush aside: if economists and other scholars, politicians, and business professionals understand the causes of economic crises, as they claim, then why do such damaging crises continue to occur? Can we trust business and intellectual elites who advocate the principles of Realpolitik and claim the "public good" as their priority, yet consistently favor maximization of profit over ethical issues? Former deputy prime minister of Russia Grigory Yavlinsky, an internationally respected free-market economist, makes a powerful case that the often-cited causes of global economic instability-institutional failings, wrong decisions by regulators, insufficient or incorrect information, and the like-are only secondary to a far more significant underlying cause: the failure to understand that universal social norms are essential to thriving businesses and social and economic progress. Yavlinsky explores the widespread disregard for moral values in business decisions and calls for restoration of principled behavior in politics and economic practices. The unwelcome alternative, he warns, will be a twenty-first-century global economy in the grip of unending crises"-- Provided by publisher.
Reproduction Electronic reproduction. Ann Arbor, MI : ProQuest, 2015. Available via World Wide Web. Access may be limited to ProQuest affiliated libraries.
Subject Wealth -- Moral and ethical aspects.
Recessions.
Capitalism.
Bank failures.
Financial crises -- Prevention.
Global Financial Crisis, 2008-2009.
Genre/Form Electronic books.
Added Author Bouis, Antonina W.
ProQuest (Firm)
ISBN 9780300159103 (hardback)
9780300161267 (electronic bk.)

 
    
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