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The Economics of Financial Turbulence High quality books

The Economics of Financial Turbulence
By:Bill Lucarelli
Published on 2011-01-01 by Edward Elgar Publishing

This challenging book examines the origins and dynamics of financialeconomic crises. Its wide theoretical scope incorporates the theories of Marx, Keynes and various other Post Keynesian scholars of endogenous money, and provides a grand synthesis of these theoretical lineages, as well as a powerful critique of prevailing neoclassical/monetarist theories of money. Bill Lucarelli provides detailed historical analyses of the causes of the current international financial crisis, and offers alternative heterodox theories with more coherent and rigorous theoretical frameworks than existing economic orthodoxies. He illustrates that the very assumptions of neoclassical theory - informed by the efficient markets hypothesis - tend to rule out the very possibility of endogenous financial crises. Consequently, he argues, the endogenous causes of these crises are either ignored or simply treated as random, extraneous historical events. In stark contrast to these neoclassical/monetarist views, this book seeks to explain the recurrence of these financial crises as a result of the inner workings of the capitalist system.

This Book was ranked at 27 by Google Books for keyword Credit theory of money.

Book ID of The Economics of Financial Turbulence's Books is YcbJp2YOwDgC, Book which was written byBill Lucarellihave ETAG "MJkvhtbyooM"

Book which was published by Edward Elgar Publishing since 2011-01-01 have ISBNs, ISBN 13 Code is 9781849808798 and ISBN 10 Code is 1849808791

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Book which have "192 Pages" is Printed at BOOK under CategoryBusiness and Economics

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