This new edition of Financial Crises and Recession in the Global Economy explores the major financial instabilities and … evolutionary trends in the global economy since the 1970s. Financial globalization has produced an expanded money-credit pyramid … created, transferred and destroyed across the global economy independently of the rest of the 'real' economy. This new …

This new edition of Financial Crises and Recession in the Global Economy explores the major financial instabilities and … evolutionary trends in the global economy since the 1970s. A learned but accessible book, it is perfect for a broad audience of …

"In this incisive fifth edition of Financial Crises and Recession in the Global Economy, Roy E. Allen examines the …. Providing empirical research on the relation between money and the real economy, Allen explains how key financial variables are … on the political economy of financial crises and further advances his human ecology economics framework to help guide …