Financing the Apocalypse

Drivers for Economic and Political Instability

Autor: Joel Magnuson

Limbă:

Legare: Copertă tare

Editura: Springer Nature Switzerland AG

Disponibilitate: În depozitul extern

Expediem în 10-13 zile

624.88 lei

As we tour the 400 year history of capitalism through its various phases of development, financial s...

Informații despre carte

Autor

Joel Magnuson

Limbă

engleză

Legare

Carte - Copertă tare

Publicat

2019

Pagini

328

EAN

9783030047191

Enbook ID

20447350

Editura

Springer Nature Switzerland AG

Greutate

701

Dimensiuni

148 x 210 x 23

Descriere completă

As we tour the 400 year history of capitalism through its various phases of development, financial system instability is always there lurking in the shadows. The historical record attests that the processes of aggregating capital for real investment are inescapably vulnerable to risk, manic speculation, unserviceable debt, and crises; and with each episode of instability, a trail of devastation follows. Economic historians such as Hyman Minsky, Charles Kindleberger and others have studied this history and have exposed certain boom-bust patterns that have a way of stubbornly repeating themselves. This book posits that the large-scale financial crises that the world has experienced over the last 30 years are more or less the latest segments in this narrative, but with some distinct characteristics. In the period spanning the stock market crash of 1987 to the banking crisis of 2008 and its aftermath - the Greenspan Era - there were key institutional and ideological developments rooted in contemporary neoliberalism that have reshaped the historic rise-and-fall patterns to become more severe and widespread. In this important volume, Magnuson suggests the next episode will be a massive financial cyclone that will send us all tumbling toward a perilous future.

S-ar putea să te intereseze

Clienții care au cumpărat această carte au mai cumpărat și

Cele mai căutate

Categories

Authors

Publishers

Produse

Produse

Cele mai căutate

Categories

Authors

Publishers

Produse

Produse

Financing the Apocalypse

Drivers for Economic and Political Instability

Informații despre carte

Descriere completă

S-ar putea să te intereseze

Clienții care au cumpărat această carte au mai cumpărat și