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The Origin of Financial Crises: Central Banks, Credit Bubbles, and the Efficient Market Fallacy

 
 
 
 
The Origin of Financial Crises: Central Banks, Credit Bubbles, and the Efficient Market Fallacy
Author: George Cooper
ISBN 13: 9780307473455
ISBN 10: 307473457
Edition: 1St Edition
Publisher: Vintage
Publication Date: 2008-10-29
Format: Paperback
Pages: 210
List Price: $15.00
 
 

In a series of disarmingly simple arguments financial market analyst George Cooper challenges the core principles of today's economic orthodoxy and explains how we have created an economy that is inherently unstable and crisis prone. With great skill, he examines the very foundations of today's economic philosophy and adds a compelling analysis of the forces behind economic crisis. His goal is nothing less than preventing the seemingly endless procession of damaging boom-bust cycles, unsustainable economic bubbles, crippling credit crunches, and debilitating inflation. His direct, conscientious, and honest approach will captivate any reader and is an invaluable aid in understanding today's economy.