The cost of capitalism:understanding market mayhem and stabilizing our economic future
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Main Authors: | |
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Published: |
McGraw-Hill Companies,
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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. |