Abstract

Stephen D. Williamson of Washington University in St. Louis reviews “Zombie Economics: How Dead Ideas Still Walk among Us” by John Quiggin. The EconLit abstract of the reviewed work begins, “Explores the reasons for the recent economic crisis and considers how to avoid a bigger crisis in the future by examining outdated ideas that still remain in public thinking. Discusses the great moderation; the efficient markets hypothesis; dynamic stochastic general equilibrium; trickle-down economics; privatization; and economics for the twenty-first century. Quiggin is Professor of Economics at the University of Queensland. Index.”

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