Joseph Stiglitz examines the theory behind the economic downturns that have plagued our world in recent times. This fascinating three-part lecture acknowledges the failure of economic models to successfully predict the 2008 crisis and explores alternative models which, if adopted, could potentially restore a stable and prosperous economy.

Inhalt
Introduction 1. Three Fundamental Questions 2. Three Strands of Theory 3. The Capitalist Economy as a Credit Economy Concluding Remarks: The Crisis in Economics Bibliography