NLU Meghalaya Library

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Why the world economy needs a financial crash and other critical essays on finance and financial economics / Jan Toporowski.

By: Material type: TextPublisher: London : Anthem Press, 2010Description: 1 online resource (xiii, 143 pages) : digital, PDF file(s)Content type:
  • text
Media type:
  • computer
Carrier type:
  • online resource
ISBN:
  • 9780857286543 (ebook)
Other title:
  • Why the World Economy Needs a Financial Crash & Other Critical Essays on Finance & Financial Economics
Subject(s): Additional physical formats: Print version: : No titleDDC classification:
  • 332 22
LOC classification:
  • HG229 .T67 2010
Online resources:
Contents:
Why the world economy needs a financial crash -- The economics of financial inflation -- Money in globalised times -- Neo-liberalism and international finance -- Financial innovation: better machines for financial inflation? -- The inflation of goodwill -- Leverage and balance sheet inflation -- Inflation in financial markets -- Asset inflation and deflation -- The culture of financial inflation -- Twentieth-century finance theory : the frauds of economic innocence (in memoriam J.K. Galbraith) -- Fischer Black's "revolution" -- Economic inequality and asset inflation -- The wisdom of property and the culture of the middle classes -- Financial crisis -- Everything you need to know about the financial crisis but couldn't find out because the experts were explaining it -- The limitations of financial stabilisation by central banks -- International business and the crisis -- Developing countries in the crisis transmission mechanism.
Summary: These essays explain why financial crisis breaks out, its social, economic and cultural consequences, and the limitations of policy in the face of economic stagnation induced by financial inflation.
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Title from publisher's bibliographic system (viewed on 02 Oct 2015).

Why the world economy needs a financial crash -- The economics of financial inflation -- Money in globalised times -- Neo-liberalism and international finance -- Financial innovation: better machines for financial inflation? -- The inflation of goodwill -- Leverage and balance sheet inflation -- Inflation in financial markets -- Asset inflation and deflation -- The culture of financial inflation -- Twentieth-century finance theory : the frauds of economic innocence (in memoriam J.K. Galbraith) -- Fischer Black's "revolution" -- Economic inequality and asset inflation -- The wisdom of property and the culture of the middle classes -- Financial crisis -- Everything you need to know about the financial crisis but couldn't find out because the experts were explaining it -- The limitations of financial stabilisation by central banks -- International business and the crisis -- Developing countries in the crisis transmission mechanism.

These essays explain why financial crisis breaks out, its social, economic and cultural consequences, and the limitations of policy in the face of economic stagnation induced by financial inflation.

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