Research Catalog

Title

The cost of capitalism : understanding market mayhem and stabilizing our economic future / Robert J. Barbera.

Author

Barbera, Robert J.

Publication

New York : McGraw-Hill, c2009.

Items in the Library & Off-site

Details

Description

xviii, 246 p. : ill.; 24 cm.

Subjects

• United States > Economic conditions > 1981-2001
• United States > Economic conditions > 2001-2009
• Capitalism
• Economic stabilization
• Financial crises

Bibliography (note)

• Includes bibliographical references (p. [225]-230) and index.

Processing Action (note)

• committed to retain

Contents

The postcrisis case for a new paradigm -- Part 1. Financial markets and monetary policy in perspective : The markets stoke the boom and bust cycle -- The ABCs of risky finance -- Financial markets as a source of instability -- Free market capitalism: still the superior strategy -- Monetary policy: not the wrong men, the wrong model -- Part 2. Economic experience: 1985-2002 : How financial instability emerged in the 1980s -- Financial mayhem in Asia: Japan's implosion and the Asian contagion -- Brave-new-world boom goes bust: the 1990s technology bubble -- Part 3. Emerging realities: 2007-2008 : Greenspan's conundrum fosters the housing bubble -- Bernanke's calamity and the onset of U.S. recession -- Domino defaults, global markets crisis, and end of the great moderation -- Part 4. Recasting economic theory for the twenty-first century : Economic orthodoxy on the eve of the crisis -- Minsky and monetary policy -- One practitioner's professional journey -- Global policy risks in the aftermath of the 2008 crisis.

ISBN

• 9780071628440
• 0071628444

OCLC

276335334

Owning Institutions

Harvard Library