TY - GEN T1 - Realeconomik : the hidden cause of the great recession (and how to avert the next one) A1 - I͡Avlinskiĭ, G. (Grigoriĭ) A2 - Bouis, Antonina W. LA - English LA - Russian PP - New Haven PB - Yale University Press YR - 2011 UL - https://ebooks.jgu.edu.in/Record/jstor_eba_ocn772532900 AB - "This book directly confronts uncomfortable questions that many prefer to brush aside: if economists and other scholars, politicians, and business professionals understand the causes of economic crises, as they claim, then why do such damaging crises continue to occur? Can we trust business and intellectual elites who advocate the principles of Realpolitik and claim the "public good" as their priority, yet consistently favor maximization of profit over ethical issues? Former deputy prime minister of Russia Grigory Yavlinsky, an internationally respected free-market economist, makes a powerful case that the often-cited causes of global economic instability-institutional failings, wrong decisions by regulators, insufficient or incorrect information, and the like-are only secondary to a far more significant underlying cause: the failure to understand that universal social norms are essential to thriving businesses and social and economic progress. Yavlinsky explores the widespread disregard for moral values in business decisions and calls for restoration of principled behavior in politics and economic practices. The unwelcome alternative, he warns, will be a twenty-first-century global economy in the grip of unending crises"-- OP - 166 CN - HB835 .I28 2011eb SN - 9780300161267 SN - 0300161263 SN - 9780300159103 SN - 0300159102 SN - 1283341492 SN - 9781283341493 SN - 9786613341495 SN - 6613341495 KW - Wealth : Moral and ethical aspects. KW - Recessions. KW - Capitalism. KW - Bank failures. KW - Financial crises : Prevention. KW - Global Financial Crisis, 2008-2009. KW - Richesse : Aspect moral. KW - Récessions. KW - Banques : Faillites. KW - Crise financière mondiale, 2008-2009. KW - BUSINESS & ECONOMICS : Economic History. KW - BUSINESS & ECONOMICS : Business Ethics. KW - Bank failures KW - Capitalism KW - Financial crises : Prevention KW - Recessions KW - Wealth : Moral and ethical aspects KW - Histoire économique. KW - 2008-2009 ER -