Financing the Apocalypse
Drivers for Economic and Political Instability
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…
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Produktdetails
- ISBN: 978-3-030-04720-7
- EAN: 9783030047207
- Produktnummer: 29630490
- Verlag: Palgrave Macmillan
- Sprache: Englisch
- Erscheinungsjahr: 2018
- Plattform: PDF
- Masse: 3'385 KB
Über den Autor
Joel Magnuson is an independent economist based in Portland, Oregon. He is the author of many books, as well as numerous articles in journals and anthologies in the United States, Europe, and Japan. His research interests include mindful economics and institutional reform.
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