After neoliberalisation? Monetary indiscipline, crisis and the state

Jeremy Green & S Lavery
Across the advanced capitalist states, the post-crisis conjuncture has been characterised by both marked continuity and profound change. While regressive distributional trends in place before the 2008 crisis have intensified, a number of highly unorthodox policy interventions have also emerged. In particular, a new regime of ‘loose’ monetary policy has crystallised, exemplified by record low interest rates and sustained programmes of quantitative easing. Existing approaches within economic geography are, we contend, ill-equipped to deal with...

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