Stabilizing an Unstable Economy |
Buy Stabilizing an Unstable Economy here, one of 750 Gerald Ford books offered for sale at discount prices here in the history books section at R bookshop. There are currently 84418 history books in our history books section, and over 1,000,000 books listed in our book store. We greatly appreciate your patronage at R bookshop and look forward to offering you a large selection of great books at discount prices now and in the future. Thank you for shopping at R Bookshop!
|
You Are Here: Home > History Books > Gerald Ford > Item 222
|
Stabilizing an Unstable Economy
|
by Hyman P. Minsky
Sales Rank: 24071
|
List Price: $34.95
$23.07
At Amazon
on 8-4-2008.
|
|
|
|
Features
Cover Type: Hard Cover with 350 pages
Published by: McGraw-HillEdition: 1st Edition April 14, 2008
Written in: English
ISBN 10 Number: 0071592997
ISBN 13 Number: 978-0071592994
Book Dimensions:
9.1 x 6.2 x 1.4 inches
Weighs: 1.7 pounds
Product Description
“Mr. Minsky long argued markets were crisis prone. His 'moment' has arrived.” -The Wall Street Journal
In his seminal work, Minsky presents his groundbreaking financial theory of investment, one that is startlingly relevant today. He explains why the American economy has experienced periods of debilitating inflation, rising unemployment, and marked slowdowns-and why the economy is now undergoing a credit crisis that he foresaw. Stabilizing an Unstable Economy covers: - The natural inclination of complex, capitalist economies toward instability
- Booms and busts as unavoidable results of high-risk lending practices
- “Speculative finance” and its effect on investment and asset prices
- Government's role in bolstering consumption during times of high unemployment
- The need to increase Federal Reserve oversight of banks
Henry Kaufman, president, Henry Kaufman & Company, Inc., places Minsky's prescient ideas in the context of today's financial markets and institutions in a fascinating new preface. Two of Minsky's colleagues, Dimitri B. Papadimitriou, Ph.D. and president, The Levy Economics Institute of Bard College, and L. Randall Wray, Ph.D. and a senior scholar at the Institute, also weigh in on Minsky's present relevance in today's economic scene in a new introduction.
A surge of interest in and respect for Hyman Minsky's ideas pervades Wall Street, as top economic thinkers and financial writers have started using the phrase “Minsky moment” to describe America's turbulent economy. There has never been a more appropriate time to read this classic of economic theory.
Back Cover Copy
Praise for the prescient work of Hyman P. Minsky
“Twenty-five years ago, when most economists were extolling the virtues of financial deregulation and innovation, a maverick named Hyman P. Minsky maintained a more negative view of Wall Street; in fact, he noted that bankers, traders, and other financiers periodically played the role of arsonists, setting the entire economy ablaze.”-John Cassidy, The New Yorker
“The journey from subprime mortgages to a major credit crisis, a weak economy and broken business models in finance could all have been foreseen through Hyman Minsky’s perspectives. His work remains essential to understanding the ground beneath us and the path ahead.” —George Magnus, Senior Economic Adviser, UBS Investment Bank
“It is time to revive an old issue: Just how inherently unstable are economies? But instead of getting much guidance these days from contemporary economists, we need to turn to some of the giants from the past. The work of Hyman Minsky . . . is especially on the mark.”-Jeff Madrick, The New York Times
“Hyman Minsky's work has never been more valuable. His financial instability hypothesis, complete with hedge, speculative and ponzi units, has played out to a T in the U.S. property and mortgage markets over the last half decade.”-Paul McCulley, Managing Director, PIMCO
Back To Top
|
Stabilizing an Unstable Economy
Available from Amazon
Price: $23.07
Updated on 8-4-2008.
|
NOTICE: All prices, availability, and specifications
are subject to verification by their respective retailers.
| We offer Stabilizing an Unstable Economy and other related Gerald Ford Books here at Rbookshop.com. To view more books about Gerald Ford please use the previous and next buttons near the top of this page.
|
|
Search for books at
