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Consequences of Economic Downturn: Beyond the Usual Economics
Hardcover
Series: Perspectives from Social Economics
ISBN13: 9780230105317
Publisher: Springer Nature
Published: Feb 25 2011
Pages: 270
Weight: 1.00
Height: 0.80 Width: 5.60 Depth: 8.30
Language: English
The 2007-09 financial crisis and economic downturn inflicted considerable hardship on the U.S. population. This book argues that the financial crisis and ensuing recession reflected not just a malfunctioning of the financial system - but also inequalities and insecurities in access to livelihoods that favor well-off groups and leave ordinary people shouldering undue burdens of downside risk. This book, a collection of original papers by leading social economists and scholars in related fields, examines social, distributional, and ethical dimensions of the downturn. It should be of broad interest to the social-science and economic-policy communities.
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