The Origin of Financial CrisesIn a series of disarmingly simple arguments financial market analyst George Cooper challenges the core principles of today's economic orthodoxy and explains how we have created an economy that is inherently unstable and crisis prone. With great skill, he examines the very foundations of today's economic philosophy and adds a compelling analysis of the forces behind economic crisis. His goal is nothing less than preventing the seemingly endless procession of damaging boom-bust cycles, unsustainable economic bubbles, crippling credit crunches, and debilitating inflation. His direct, conscientious, and honest approach will captivate any reader and is an invaluable aid in understanding today's economy. |
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Efni
Introduction | 13 |
Efficient Markets And Central Banks? | 19 |
Money Banks And Central Banks 39 | 38 |
Stable And Unstable Markets 91 | 92 |
Deceiving The Diligent 107 | 108 |
On Central Bank Governors 127 | 128 |
Minsky Meets Mandelbrot | 141 |
Beyond The Efficient Market Fallacy 155 | 154 |
Concluding Remarks 169 | 168 |
| 189 | |
Aðrar útgáfur - View all
The Origin of Financial Crises: Central Banks, Credit Bubbles and the ... George Cooper Takmarkað sýnishorn - 2008 |
The Origin of Financial Crises: Central Banks, Credit Bubbles and the ... George Cooper Engin sýnishorn í boði - 2010 |
The Origin of Financial Crises: Central Banks, Credit Bubbles and the ... George Cooper Engin sýnishorn í boði - 2008 |
Common terms and phrases
asset markets asset price asset price bubbles bank runs bank’s bankers banking system become behaviour boom-bust cycles borrowing Bretton Woods central bank policy centrifugal piece certificates of deposit coin clipping coins collateral Company credit contraction credit creation credit cycles credit expansion currency debt demand management depository Depression destabilising dice dollars driving-power economic activity economists Efficient Market Hypothesis efficient market theory equilibrium excessive credit explained Federal Reserve fiat money financial Financial Instability Hypothesis financial markets financial system first force fractional reserve banking funds gold standard governor happen higher increase inflation Inflation Monster interest rates investment investors Keynes Keynesian Knightian uncertainty lending lnflation Monster loan macroeconomic Mandelbrot market efficiency Maxwell merchants Minsky Minsky’s monetary policy money market Northern Rock overflow printing money printing press private sector probability distribution problem requires result return distributions risk management risk systems role self-reinforcing sell spending stimulus policies story strategy Today today’s velocity
Bókfræðilegar upplýsingar
| Titill | The Origin of Financial Crises |
| Höfundur | George Cooper |
| Útgefandi | Knopf Doubleday Publishing Group, 2008 |
| ISBN | 0307473686, 9780307473684 |
| Length | 210 síður |
| Export Citation | BiBTeX EndNote RefMan |