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Item Details
Title: GENESIS OF THE FINANCIAL CRISIS
By: Roderick Macdonald
Format: Electronic book text

List price: £72.00


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ISBN 10: 1137026898
ISBN 13: 9781137026897
Publisher: PALGRAVE MACMILLAN
Pub. date: 1 June, 2012
Description: A complete and accessible explanation of the factors contributing to the onset of the 2007 financial and economic crisis. The myriad factors are explained in an orderly way with simple terms. The anticipation (or not) and reception of the crisis by mainstream economists and by Austrian economics leads to reflection on the state of economic theory.
Synopsis: Much of our current economic malaise began with the financial crisis of 2007-2010. There are many simplistic explanations that are incomplete or simply wrong: the financial crisis was caused by greed, the Republican party, the capitalist system, American consumerism. Many experts have provided insightful explanations from the viewpoint of their specialty (financial instruments, real estate, economics, banking or governance) and many actors have published riveting accounts of key events of the crisis. This book brings all these perspectives together in a short and accessible overview of the factors contributing to the onset of the crisis, and discusses the reaction to the crisis by mainstream and Austrian economists. It provides the reader with an understanding of the root of the financial crisis, taking into account the opinions of leading economists.
Illustrations: 17 figures, 12 black & white tables
Publication: UK
Imprint: Palgrave Macmillan
Returns: Non-returnable
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