Description A groundbreaking debunking of moderate attempts to resolve financial crises In the ruins of the 2007-2008 financial crisis, self-proclaimed progressives the world over clamored to resurrect the economic theory of John Maynard Keynes.
The crisis seemed to expose the disaster of small-state, free-market liberalization and deregulation.
Keynesian political economy, in contrast, could put the state back at the heart of the economy and arm it with the knowledge .