The Handbook of the Political Economy of Financial Crises - Couverture rigide

Couverture rigide

ISBN 10 : 0199757232 ISBN 13 : 9780199757237

Editeur : Oxford University Press Inc, 2013

Synopsis

The Great Financial Crisis that began in 2007-2008 reminds us with devastating force that financial instability and crises are endemic to capitalist economies that lack powerful and dynamically changing financial regulations that can keep the powerful forces of leverage and credit within sustainable bounds. Economists from Marx to Keynes, and Minsky to Kindleberger have well understood this profoundly important fact, yet the dominant mainstream economics of "rational expectations", "efficient markets" and "laissez-faire" that rationalized widespread financial liberalization and still dominates the economics profession has gotten it, literally, "dead wrong". This Handbook of The Political Economy of Financial Crises describes the theoretical, institutional, and historical factors that can help us understand the forces that create financial crises - with an emphasis on the crisis of 2007- 2008 - and the strengths and weaknesses of varying theoretical perspectives and policy approaches that have tried to comprehend and limit these financial tsunamis.

A propos du livre

À propos de l'auteur

Gerald A. Epstein is Professor of Economics and a founding Co-Director of the Political Economy Research Institute (PERI) at the University of Massachusetts, Amherst. He received his PhD in Economics from Princeton University in 1981. Epstein has written articles on numerous topics including financial regulation, alternative approaches to central banking for employment generation and poverty reduction, and capital account management and capital flows.

Martin H. Wolfson is the Director of the Higgins Labor Studies Program. He has taught economics at the University of Notre Dame since 1989. Before that, he was an economist at the Federal Reserve Board in Washington, D.C.
His research investigates the effects on working people of financial markets, macroeconomic policy, globalization, and local economic development.

Détails de l'édition

• Éditeur: Oxford University Press Inc
• Date d'édition: 2013
• Langue: anglais
• ISBN 10: 0199757232
• ISBN 13: 9780199757237
• Reliure: Relié
• Nombre de pages: 784
• Éditeur: Wolfson Martin H., Epstein Gerald A.
• Coordonnées du fabricant: non disponible
• Personne responsable: Ufficio Anagrafiche Messaggerie; ufficio.anagrafiche@meli.it; ; Via Verdi, 8; Assago Milano; 20090; Italie