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Binzagr Institute for Sustainable Prosperity

Economics for Sustainable Prosperity

Authors: Hail, Steven

  • Builds the case for a permanent and inclusive job guarantee
  • Argues that equitable full employment and ecological sustainability should replace growing the economy as the goals of policy makers
  • Draws from Post-Keynesian and behavioral economics traditions to show an alternative to orthodox macroeconomics
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eBook $89.00
price for USA (gross)
  • ISBN 978-3-319-90981-3
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $119.99
price for USA
  • ISBN 978-3-319-90980-6
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this book

The central argument of this book is that the foundations for sustainable prosperity lie in an approach to economic management based on modern monetary theory and a job guarantee. This approach builds on the work of Keynes, Kalecki, Minsky, Davidson, Godley and other Post- Keynesian economists—as well as research by behavioral economists including Simon, Kahneman and Loewenstein—to explore the role that a permanent, equitable job guarantee could play in building an inclusive, participatory and just society. Orthodox (neoclassical) economics, in its various forms, has failed to deliver sustainable prosperity. An important reason for this failure is its lack of realistic foundations. It misrepresents both human nature and economic institutions, and its use as a frame for the development and assessment of economic policy proposals has had disastrous consequences for social inclusion and the quality of life of millions of people. This book discusses an alternative, more realistic and more useful set of economic foundations, which could deliver the opportunity of a decent quality of life with dignity to all. 

About the authors

Steven Hail is a Research Scholar at the Binzagr Institute for Sustainable Prosperity and a Lecturer in the School of Economics at the University of Adelaide in South Australia. During the 1990s, he trained staff from many international banks and the Bank of England. He now teaches modern monetary theory and regularly writes magazine articles and appears in podcasts relating to MMT. 

Table of contents (8 chapters)

Buy this book

eBook $89.00
price for USA (gross)
  • ISBN 978-3-319-90981-3
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $119.99
price for USA
  • ISBN 978-3-319-90980-6
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Economics for Sustainable Prosperity
Authors
Series Title
Binzagr Institute for Sustainable Prosperity
Copyright
2018
Publisher
Palgrave Macmillan
Copyright Holder
The Editor(s) (if applicable) and The Author(s)
eBook ISBN
978-3-319-90981-3
DOI
10.1007/978-3-319-90981-3
Hardcover ISBN
978-3-319-90980-6
Edition Number
1
Number of Pages
XI, 289
Number of Illustrations
24 b/w illustrations
Topics