Artikel

Gattopardo economics: the crisis and the mainstream response of change that keeps things the same

Gattopardo constitutes change that keeps things the same. Gattopardo is relevant for understanding the economics profession's response to the financial crash of 2008. This paper explores gattopardo economics as it applies to the issues of the macroeconomics of income distribution; the global financial imbalances; and inflation policy. Gattopardo economics adopts ideas developed by critics of mainstream economics, but it does so in a way that ignores the thrust of the original critique and leaves mainstream analysis unchanged. Gattopardo economics makes change more difficult because it deceives people into thinking change has taken place. By masquerading as change, it crowds-out space for real change. That makes exposing gattopardo economics a matter of vital importance.

Sprache
Englisch

Erschienen in
Journal: European Journal of Economics and Economic Policies: Intervention (EJEEP) ; ISSN: 2052-7772 ; Volume: 10 ; Year: 2013 ; Issue: 2 ; Pages: 193-206

Klassifikation
Wirtschaft
Role of Economics; Role of Economists; Market for Economists
Sociology of Economics
Macroeconomics and Monetary Economics: General
Thema
gattopardo economics
income distribution
global financial imbalances
inflation policy

Ereignis
Geistige Schöpfung
(wer)
Palley, Thomas I.
Ereignis
Veröffentlichung
(wer)
Edward Elgar Publishing
(wo)
Cheltenham
(wann)
2013

DOI
doi:10.4337/ejeep.2013.02.04
Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Palley, Thomas I.
  • Edward Elgar Publishing

Entstanden

  • 2013

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