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Law and Macroeconomics
Legal Remedies to Recessions
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Yair Listokin
Language:
English
Published/Copyright:
2019
About this book
After 2008, private-sector spending took a decade to recover. Yair Listokin thinks we can respond more quickly to the next meltdown by reviving and refashioning a policy approach, used in the New Deal, to harness law’s ability to function as a macroeconomic tool, stimulating or relieving demand as required under certain crisis conditions.
Reviews
This book challenges the economic orthodoxy which has governed tax policy over the past four decades, and reclaims John Maynard Keynes's fundamental insights for the twenty-first century. Listokin's neo-Keynesianism can transform the tax code into a powerful force for both social justice and economic prosperity over the next generation.
-- Bruce Ackerman, author of We the People
-- Bruce Ackerman, author of We the People
For decades, microeconomics has dominated the field of law and economics. Yair Listokin's book turns law's attention to macroeconomics and, in doing so, identifies crucial but overlooked strategies for fighting the next recession. Few books have an impact on theory and practice, but Listokin's Law and Macroeconomics promises to change our thinking in both arenas.
-- Heather K. Gerken, Yale Law School
-- Heather K. Gerken, Yale Law School
Legal scholars have been trying to ignore macroeconomics for decades, but the problems of growth, deficits, money supply, and recession won't let themselves be ignored. Fortunately, Yair Listokin's fine book illuminates the path forward.
-- Eric A. Posner, University of Chicago Law School
-- Eric A. Posner, University of Chicago Law School
Topics
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Part I. Law, Fiscal Policy, and Monetary Policy
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Part II. The Pros and Cons of Expansionary Legal Policy
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Publishing information
Pages and Images/Illustrations in book
eBook published on:
March 11, 2019
eBook ISBN:
9780674239838
Pages and Images/Illustrations in book
Main content:
280
