Consequences of Economic Downturn

Chapter 1. Beyond the Usual Economics

1. Beyond the Usual Economics
Martha A. Starr

Part I. Ethics, Social Responsibility, and Economic Policy

2. The Economic Crisis and the Crisis in Economics
George DeMartino

3. The Financial Crash of 2008: An Illustrative Instance of the Separation of Risk from Reward in American Capitalism
Robert E. Prasch

4. Rising Inequality and the Financial Crises of 1929 and 2008
Jon D. Wisman, Barton Baker

5. Inequality and Its Discontents: The Real Causes and Consequences of the Crisis
Steven Pressman

6. We’ve Been Nudged: The Effects of the Downturn on Dignity and Responsibility
Mark D. White

Part II. Distributional Effects of the Downturn

7. Race and Recession: A Comparison of the Economic Impact of the 1980s and 2007–09 Recessions on Non-College-Educated Black and White Men
Niki Dickerson vonLockette

8. Who Pays the Price When Housing Bubbles Burst? Evidence from the American Community Survey
Cynthia Bansak, Martha A. Starr

9. Gender Equality in U.S. Labor Markets in the “Great Recession” of 2007–10
Caren Grown, Emcet Tas

Part III. Social Economy and the Economic Downturn: Communities, Needs, and Capabilities

10. Recession and the Social Economy
Martha A. Starr

11. Beyond the Wasteland: A Report from Detroit
Bruce Pietrykowski

12. Teaching Financial Literacy in the Wake of the Financial Crisis
Deborah M. Figart

Keywords: Economics, Macroeconomics/Monetary Economics//Financial Economics, Economic Theory/Quantitative Economics/Mathematical Methods, Labor Economics, Regional/Spatial Science, Social Choice/Welfare Economics/Public Choice