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A History of Financial Crises: Dreams and Follies of Expectations (Economics as Social Theory)

Cihan Bilginsoy




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 | #1622261 in eBooks |  2014-11-27 |  2014-11-27 | File type: PDF

||0 of 0 people found the following review helpful.| An excellent textbook on the causes of financial crises|By Charles Christensen|This textbook delves into why and how financial crises happen. Other economics textbooks that study booms and busts generally examine them from a single school of thought whereas Bilginsoy's book tries to explain the crises in six different schools of economic thought.

The textbook reads l| |"[A] rare and praiseworthy achievement...should be widely and carefully read; it is highly instructive concerning not only the details of past financial crises but also the diverse ways they have been interpreted by academic economists." Journal of Markets

"Once-in-a-lifetime" financial crises have been a recurrent part of life in the last three decades. It is no longer possible to dismiss or ignore them as aberrations in an otherwise well-functioning system. Nor are they peculiar to recent times. Going back in history, asset price bubbles and bank-runs have been an endemic feature of the capitalist system over the last four centuries. The historical record offers a treasure trove of experience that may shed light on ho...

You easily download any file type for your device.A History of Financial Crises: Dreams and Follies of Expectations (Economics as Social Theory)   |  Cihan Bilginsoy. A good, fresh read, highly recommended.

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