part, PART 1 Foundations -- chapter 1 Markets -- chapter 2 Property Rights -- chapter 3 Property Rights, Markets, and Law -- part, PART 2 The Purpose and Responsibilities of Corporations -- chapter 4 Shareholder Primacy Theory of Corporations -- chapter 5 Stakeholder Theory of Corporations, and...

During the short span of a few months in 2008, 14 trillion dollars of highly rated bonds fell into junk status, surprising the global financial system and accelerating an economic decline. The result was the worst fracture of the US financial system since the Great Depression. Credit rating...