Zombie economics, by john quiggin evatt foundation. Erroneous economic ideas resemble the living dead, writes john quiggin in his smart new book zombie economics. Armed with nothing but the truth, john quiggin sets about dispatching these dead ideas once and for all in this engaging book. In zombie economics, john quiggin explains how these dead ideas still walk among us. Quiggin heavily annotates his work and provides a thoughtfully researched bibliography. These beliefs that deregulation had conquered the financial cycle, that markets were always the best judge of value, that policies designed to benefit the. Zombie economics takes the reader through the origins, consequences, and implosion of a system of ideas whose time has come and gone. The immense tragedy of re cent economic events notwithstanding, the book. Zombie economics december 4, 2009 john quiggin 77 comments thats the title of my book inprogress, which is about undead ideas that should have been buried for. In zombie economics, john quiggin explains how these dead ideas still walk among us and why we must find a way to kill them once and for all if we are to avoid an even bigger financial crisis in the future.
A prolific author and blogger, professor quiggins most recent book, zombie economics. Ive read john quiggin as a blogger for a while, mostly on the group blog site crooked. John quiggin born 29 march 1956 is an australian economist, a professor and an australian research council laureate fellow at the university of queensland, and a member of the board of the climate change authority of the australian government. In zombie economics, john quiggin explains how dead ideas still walk among us, in australia and abroad and why we must find a way to kill them once and.
Two books in particular articulate different aspects of the zombie economy metaphor. Find your silver bullets, construct your booby traps and carry your axes for good measure. Though the economic jargon can, at times, slow your progress, quiggin s book rewards your persistence. These beliefsthat deregulation had conquered the financial cycle. How dead ideas still walk among us, was published in october 2010 from princeton university press. Among the zombie ideas refuted in my book, zombie economics, trickle down economics is the one that dare not speak its name. Quiggin says it is high time to kill those zombies once and for all. Economic ideas that the financial crisis should have killed but didnt published by princeton university press. In a new chapter, quiggin brings the book up to date with a.
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