The economic crisis which began in most European countries in mid-2008 has had severe effects on labour markets. Although no country has escaped the crisis, the extent of output losses and the number of jobs lost, as well as the resulting rise in unemployment, vary considerably between...

The notion of financial crisis is one of the hot topics among economists. Though it is not coming under a proper definition, it's all about a situation where, disturbances in financial markets increase to a level of a catastrophe when the amount of monetary terms towards the households and to...

1. Living In Truth -- 2. After The Fall -- 3. The Medium Is (Still) The Message -- 4. What Do You Expect? -- 5. Possibilities, Probabilities and Propensities -- 6. The Best And The Brightest -- 7. Bretton Woods Revisited -- 8. Selling England By The Pound -- 9. Tomorrow Without Fear -- 10. Out...

This book explores the role of expectations within the modern capitalist system. Through looking at how they are formed and develop, the impact of events that lead to a collapse in expectations, such as a major financial crisis, is examined to highlight the precarious and unstable nature of the...