La dette, le boom, la crise

Synopsis of La dette, le boom, la crise

«La dette, le boom, la crise» is the economic essay by Vivien Lévy-Garboua and Gérard Maarek, published by Economica in paperback (274 pages, in French).

It analyzes why the crisis persists and questions the usual diagnoses: European industrial decline, the exhaustion of technical progress, the excesses of the welfare state, Keynesian interventionism, and the oil and dollar shocks. It proposes its own interpretation centered on debt and on boom-and-bust cycles.

Published in 1985, with a foreword by Jean Denizet. Includes bibliographical references and is framed within economic history and the policies of the 1970s and 1980s.

For readers interested in economics, economic history, and analysis of crises and public policies.