Economics After the Crisis
The global economic crisis of 2008–2009 seemed a crisis not just of economic performance but also of the system's underlying political ideology and economic theory. It should prompt a wide set of challenges to economic and political assumptions and economic theory. In Economics After the Crisis, Turner argues that more rapid growth should not be the overriding objective for rich developed countries, that inequality should concern us, that the pre-crisis confidence in financial markets as the means of pursuing objectives was profoundly misplaced.
Praise for Economics After the Crisis
"Adair Turner is the jewel in the crown of British public servants. He is one of a tiny minority in public life today capable of thinking and acting at the highest level. Economics After the Crisis, based on three lectures he delivered at the London School of Economics in 2010, is a thinking person's delight, not least for the clear and lucid way in which Turner sets out his arguments."
― Robert Skidelsky, The Times Literary Supplement
"Adair Turner insists that economics should analyze the world as it actually is and human beings as they actually are and avoid taking its simplifying assumptions too literally. In this short volume, he sketches the elements of such an analysis and shows how they can be applied to policy problems of the day, from financial regulation and population growth to climate change and income inequality. No one who worries about the future of the economy―and the planet―will fail to be provoked."
― Barry Eichengreen, George C. Pardee and Helen N. Pardee Professor of Economics and Political Science, University of California, Berkeley