The cost of capitalism:understanding market mayhem and stabilizing our economic future

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Bibliographic Details
Main Authors: Barbera Robert J.
Published: McGraw-Hill Companies,
Publisher Address: New York
Publication Dates: c2009.
Literature type: Book
Language: English
Subjects:
Carrier Form: xviii, 246 p.: ill. ; 24 cm.
ISBN: 9780071628440
0071628444
Index Number: F831
CLC: F831.59
Call Number: F831.59/B234
Contents: Includes bibliographical references (p. 225-230) and index.
Financial markets and monetary policy in perspective -- The markets stoke the boom and bust cycle -- The ABCs of risky finance -- Financial markets as a source of instability -- Free market capitalism: still the superior strategy -- Monetary policy: not the wrong men, the wrong model -- Economic experience: 1985-2002 -- How financial instability emerged in the 1980s -- Financial mayhem in Asia: Japan's implosion and the Asian contagion -- Brave-new-world boom goes bust: the 1900s technology bubble -- Emerging realities: 2007-2008 -- Greenspan's conundrum fosters the housing bubble -- Bernanke's calamity and the onset of U.S. recession -- Domino defaults, global markets crisis, and end of the great moderation -- Recasting economic theory for the twenty-first century -- Economic orthodoxy on the eve of the crisis -- Minsky and monetary policy -- One practitioner's professional journey -- Global policy risks in the aftermath of the 2008 crisis.