Preface and acknowledgments -- Introduction -- The influence of the legal and institutional framework -- The economy and society diverge : setting up the insecurity cycle -- The state steps in : and then back out again -- More problems with capitalism : but new ideas are slow to gain traction --...

The decline of British industry, along with monetarism, economic liberalization and the rise of the financial sector are popularly associated with the 1980s and Margaret Thatcher's Conservative government. But British industry had already passed its peak nearly a century before. Unregulated...

Liberalized global financial markets are nothing new. A review of the history of financial markets reveals much about their tendency to liberalize and globalize, their inherent instability and their surprising persistence, despite recurring crises. However, it is also important to recognize that...