Books by Paul Davidson

Davidson explains the importance of the market economy, and unveils how and why global financial crises occur when the liquidity of financial assets traded in the market, suddenly collapse.70 years after Keynes' death, in another era of financial crisis and economic slump, Keynes' ideas have made a comeback within economic circles.

The book contains Paul Davidson's major contributions to the economics and policy debates of our times. Davidson suggests new solutions for the major problems of the twenty-first century, including volatile financial markets in Asia and beyond, challenging orthodox responses.