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This Time is Different: Eight Centuries of Financial Folly is one of the best, if not the best, books ever written on the history of financial crises. It presents a comprehensive survey of financial crises utilizing an extraordinary database of macroeconomic and financial series. The massive...
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The world is still recovering from the most recent global recession associated with the 2008-09 financial crisis and … the possibility of another downturn persists as the global economy struggles to regain lost ground. But, what is a global …
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The global financial crisis of 2008 led to the most severe decline in production and employment and in world trade …
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Robert Aliber discusses the reasons for bank failures and financial crises. He makes three main points. First, US macroeconomic stability would be increased if the US Congress established a government agency to provide capital to individual banks after a systemic crisis causes large loan losses....
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report three major findings: First, since the tightening cycle will take place in the context of a robust U.S. economy, it …
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investment books of all time by the Financial Times, Manias, Panics and Crashes puts the turbulence of the financial world in …
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