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Cihan Bilginsoy - A History of Financial Crises: Dreams and Follies of Expectations - 9780415687256 - V9780415687256
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A History of Financial Crises: Dreams and Follies of Expectations

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Description for A History of Financial Crises: Dreams and Follies of Expectations Paperback. Series: Economics as Social Theory. Num Pages: 500 pages, 50 black & white illustrations, 1 black & white tables, 50 black & white line drawings. BIC Classification: KCP; KCX; KCZ. Category: (G) General (US: Trade); (U) Tertiary Education (US: College). Dimension: 159 x 233 x 28. Weight in Grams: 756.

"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 how and why financial crises happen and what can be done to avoid them - provided we are willing to learn from history.

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This book analyses divergent interpretations of the historical record in relation to how markets function, the significance of market imperfections, economic decision-making process, the role of the government, and evolutionary dynamics of the capitalist system. Its diverse theoretical and historical content of this book complements economics, history and political science curriculum.

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Product Details

Publisher
Taylor & Francis Ltd
Format
Paperback
Publication date
2014
Series
Economics as Social Theory
Condition
New
Weight
775g
Number of Pages
474
Place of Publication
London, United Kingdom
ISBN
9780415687256
SKU
V9780415687256
Shipping Time
Usually ships in 4 to 8 working days
Ref
99-5

About Cihan Bilginsoy
Cihan Bilginsoy is Professor of Economics, University of Utah, USA.

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