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Casino Capitalism: How the Financial Crisis Came About and What Needs to be Done Now
Hans-Werner Sinn
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Description for Casino Capitalism: How the Financial Crisis Came About and What Needs to be Done Now
Paperback. An English translation of Professor Sinn's bestselling Kasino-Kapitalismus, that provides an account of the origins of the recent financial crisis. The volume examines the causes of the crisis, points out the flaws in the economic rescue packages, and presents a master plan for the reform of financial markets. Num Pages: 400 pages, black & white illustrations, black & white tables, figures, graphs. BIC Classification: KCB; KCS; KCX; KFFD. Category: (P) Professional & Vocational; (U) Tertiary Education (US: College). Dimension: 153 x 233 x 21. Weight in Grams: 584.
In Casino Capitalism Hans-Werner Sinn examines the causes of the banking crisis, points out the flaws in the economic rescue packages, and presents a master plan for the reform of financial markets. Sinn argues that the crisis came about because limited liability induced both Wall Street and Main Street to gamble with real estate properties. He meticulously describes the process of lending to American homeowners and criticizes both the process of securitizing and selling mortgage claims to the world, as well as the poor job rating agencies did in providing transparency. He argues that the American Dream has ended ... Read more
In Casino Capitalism Hans-Werner Sinn examines the causes of the banking crisis, points out the flaws in the economic rescue packages, and presents a master plan for the reform of financial markets. Sinn argues that the crisis came about because limited liability induced both Wall Street and Main Street to gamble with real estate properties. He meticulously describes the process of lending to American homeowners and criticizes both the process of securitizing and selling mortgage claims to the world, as well as the poor job rating agencies did in providing transparency. He argues that the American Dream has ended ... Read more
Product Details
Publisher
Oxford University Press United Kingdom
Number of pages
400
Format
Paperback
Publication date
2012
Condition
New
Weight
584g
Number of Pages
400
Place of Publication
Oxford, United Kingdom
ISBN
9780199659883
SKU
V9780199659883
Shipping Time
Usually ships in 5 to 9 working days
Ref
99-1
About Hans-Werner Sinn
Hans-Werner Sinn is Chair of Economics and Public Finance at the University of Munich and President of the combined Institute for Economic Research and Center for Economic Studies (CES-ifo). He has published numerous scholarly journals and books but is also a leading commentator on contemporary economic affairs in Germany and has published a number of best selling books.
Reviews for Casino Capitalism: How the Financial Crisis Came About and What Needs to be Done Now
an excellent point of reference.
Nick Taylor, London School of Economics Review of Books
Nick Taylor, London School of Economics Review of Books