The power of ideas to affect policy -- Ideas and policies that created the first global economic crisis of the twenty-first century -- Reading tea leaves to "know" the future : classical theory's ideas about a capitalist system -- A penny spent is a penny earned : Keynes's ideas on a capitalist...

Paul Davidson investigates why the 1990s was a decade of financial crises that almost precipitated a global market crash. He explores the reasons why the global economy still struggles with the aftermath of these crises and discusses the possibility that volatile financial markets in the future...