Law and Macroeconomics

Law and Macroeconomics
Author :
Publisher : Harvard University Press
Total Pages : 281
Release :
ISBN-10 : 9780674976054
ISBN-13 : 0674976053
Rating : 4/5 (54 Downloads)

Book Synopsis Law and Macroeconomics by : Yair Listokin

Download or read book Law and Macroeconomics written by Yair Listokin and published by Harvard University Press. This book was released on 2019-03-11 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: A distinguished Yale economist and legal scholar’s argument that law, of all things, has the potential to rescue us from the next economic crisis. After the economic crisis of 2008, private-sector spending took nearly a decade to recover. Yair Listokin thinks we can respond more quickly to the next meltdown by reviving and refashioning a policy approach whose proven success is too rarely acknowledged. Harking back to New Deal regulatory agencies, Listokin proposes that we take seriously law’s ability to function as a macroeconomic tool, capable of stimulating demand when needed and relieving demand when it threatens to overheat economies. Listokin makes his case by looking at both positive and cautionary examples, going back to the New Deal and including the Keystone Pipeline, the constitutionally fraught bond-buying program unveiled by the European Central Bank at the nadir of the Eurozone crisis, the ongoing Greek crisis, and the experience of U.S. price controls in the 1970s. History has taught us that law is an unwieldy instrument of macroeconomic policy, but Listokin argues that under certain conditions it offers a vital alternative to the monetary and fiscal policy tools that stretch the legitimacy of technocratic central banks near their breaking point while leaving the rest of us waiting and wallowing.


Law and Macroeconomics Related Books

Law and Macroeconomics
Language: en
Pages: 281
Authors: Yair Listokin
Categories: Law
Type: BOOK - Published: 2019-03-11 - Publisher: Harvard University Press

DOWNLOAD EBOOK

A distinguished Yale economist and legal scholar’s argument that law, of all things, has the potential to rescue us from the next economic crisis. After the e
Understanding Long-Run Economic Growth
Language: en
Pages: 400
Authors: Dora L. Costa
Categories: Business & Economics
Type: BOOK - Published: 2011-10 - Publisher: University of Chicago Press

DOWNLOAD EBOOK

The conditions for sustainable growth and development are among the most debated topics in economics, and the consensus is that institutions matter greatly in e
Law and Long-Term Economic Change
Language: en
Pages: 375
Authors: Debin Ma
Categories: Business & Economics
Type: BOOK - Published: 2011 - Publisher: Stanford University Press

DOWNLOAD EBOOK

This edited volume provides a unique multidisciplinary perspective on the relationship between legal regimes and long-term economic development across major civ
Long-Term Macroeconomic Effects of Climate Change: A Cross-Country Analysis
Language: en
Pages: 59
Authors: Matthew E. Kahn
Categories: Business & Economics
Type: BOOK - Published: 2019-10-11 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

We study the long-term impact of climate change on economic activity across countries, using a stochastic growth model where labor productivity is affected by c
World Development Report 2017
Language: en
Pages: 605
Authors: World Bank Group
Categories: Business & Economics
Type: BOOK - Published: 2017-01-23 - Publisher: World Bank Publications

DOWNLOAD EBOOK

Why are carefully designed, sensible policies too often not adopted or implemented? When they are, why do they often fail to generate development outcomes such