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Why the World Economy Needs a Financial Crash and Other Critical Essays on Finance and Financial Economics
Af: Jan Toporowski
Engelsk Hardback
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Why the World Economy Needs a Financial Crash and Other Critical Essays on Finance and Financial Economics

Af: Jan Toporowski
Engelsk Hardback
Hardback
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The essays in this volume explain the key structural features of financial inflation that give rise to financial crisis. These features include excessive reliance on finance to maintain economic activity through rising asset prices. Reliance on asset inflation induces a preoccupation with property values and a new social divide between the asset-rich and the asset-poor that determines the culture of the welfare state. When debt can no longer be supported by cash flow from asset markets, excess debt plunges economies into depression. This collection features the title article `Why the World Economy Needs a Financial Crash'', which achieved notoriety when first published in the Financial Times in 1986, and has since proved prophetic of recent events.
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Product detaljer
Sprog:
Engelsk
Sider:
158
ISBN-13:
9780857289599
Indbinding:
Hardback
Udgave:
ISBN-10:
0857289594
Kategori:
Udg. Dato:
1 dec 2010
Længde:
20mm
Bredde:
143mm
Højde:
220mm
Forlag:
Anthem Press
Oplagsdato:
1 dec 2010
Forfatter(e):
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