It takes the average reader 4 hours and 46 minutes to read The Limits of Fiscal, Monetary, and Trade Policies by Jonathan Edward Leightner
Assuming a reading speed of 250 words per minute. Learn more
With many countries facing high unemployment rates, uncertain futures, and inadequate incomes, nobody can deny the dire state which the global economy is currently in. Basic economic policies and institutions are now being questioned more than ever since the Great Depression. In The Limits of Fiscal, Monetary, and Trade Policies, Jonathan E Leightner puts forth the argument that the fundamental cause of the current worldwide economic crisis is a surplus in savings. Through the use of Reiterative Truncated Projected Least Squares (RTPLS, a statistical technique that captures the influence of omitted variables), Leightner estimates and observes the declining effectiveness of fiscal, monetary, and trade policies in America, the European Union, the United Kingdom, Japan, Brazil, China, and Russia. From European austerity measures to Chinese consumption-driven growth, Leightner discusses the attempts made by the governments of these countries to address the crisis in detail as well. With such international comparisons, this book provides compelling evidence that the solution to current global economic woes lies in a redistribution of income that will increase consumption and, thereby, provide a reason to productively invest the current global surplus in savings.
The Limits of Fiscal, Monetary, and Trade Policies by Jonathan Edward Leightner is 283 pages long, and a total of 71,599 words.
This makes it 96% the length of the average book. It also has 88% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 6 hours and 31 minutes to read The Limits of Fiscal, Monetary, and Trade Policies aloud.
The Limits of Fiscal, Monetary, and Trade Policies is suitable for students ages 12 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
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