Consequences of Economic Downturn: Beyond the Usual Economics

Product Description
Investigates three sets of questions raised by the economic downturn. The first concerns issues of ethics and social responsibility in economic policymaking and in business and finance, secondly how the costs of the downturn have fallen within the population; and lastly the rise of unmet basic needs.
Review
"Eleven papers explore the causes and consequences of the current economic downturn beyond the usual focus on money, banking, and finance." - Journal of Economic Literature
"Unusual economic times call for going beyond the usual economics; this book does that; it provides a valuable contribution to the economic debate about the recent crisis and how to deal with it." - David Colander, CAJ Distinguished Professor of Economics, Middlebury College
"The contributors to this refreshingly accessible volume make clear that the destruction of livelihoods brought on by the Great Recession is not evenly shared. Our attention is drawn to where it deserves to be: on the human costs of failure to manage economies in a way that ensures broadly shared well-being and economic security." - Stephanie Seguino, Professor of Economics, University of Vermont
About the Author
Martha Starr is Associate Professor of Economics at American University. Previously she was a senior economist at the Federal Reserve Board of Governors. Professor Starr is co-editor of the "Review of Social Economics" journal and President-Elect of the Association for Social Economics. Her research interests include consumption, saving, wealth, macroeconomics, monetary policy, socially responsible consumption and investment, and social economics.