The cost of capitalism
Subtitle: understanding market mayhem and stabilizing our economic future
By: Robert J. Barbera
Publisher: McGraw-Hill
Published: 2009
Place of publication: New York
Language: eng
Number of pages: 246
ISBN-13: 9780071628440; 9780071747035
Description: Examines the financial crises of the past two decades to offer an analysis of the current recession, and argues for a new economic paradigm that limits the potential mayhem of the free market without sacrificing innovation and economic growth.
Notes: Includes bibliographical references (p. 225-230) and index.
Table of contents: title: Financial markets and monetary policy in perspective; title: The markets stoke the boom and bust cycle; title: The ABCs of risky finance; title: Financial markets as a source of instability; title: Free market capitalism : still the superior strategy; title: Monetary policy : not the wrong men, the wrong model; title: Economic experience : 1985-2002; title: How financial instability emerged in the 1980s; title: Financial mayhem in Asia : Japan's implosion and the Asian contagion; title: Brave-new-world boom goes bust : the 1900s technology bubble; title: Emerging realities: 2007-2008; title: Greenspan's conundrum fosters the housing bubble; title: Bernanke's calamity and the onset of U.S. recession; title: Domino defaults, global markets crisis, and end of the great moderation; title: Recasting economic theory for the twenty-first century; title: Economic orthodoxy on the eve of the crisis; title: Minsky and monetary policy; title: One practitioner's professional journey; title: Global policy risks in the aftermath of the 2008 crisis.