Reflections on the World Economic Crisis

Reflections on the World Economic Crisis PDF Author: Andre Gunder Frank
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 184

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Book Description

Reflections on the World Economic Crisis

Reflections on the World Economic Crisis PDF Author: Andre Gunder Frank
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 184

Get Book Here

Book Description


Reflections on World Economic Crisis

Reflections on World Economic Crisis PDF Author: Andre Gunder Frank
Publisher: Monthly Review Press
ISBN: 9780853455646
Category : Business & Economics
Languages : en
Pages : 164

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Stress Test

Stress Test PDF Author: Timothy F. Geithner
Publisher: Crown
ISBN: 0804138605
Category : Biography & Autobiography
Languages : en
Pages : 610

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Book Description
New York Times Bestseller Washington Post Bestseller Los Angeles Times Bestseller Stress Test is the story of Tim Geithner’s education in financial crises. As president of the Federal Reserve Bank of New York and then as President Barack Obama’s secretary of the Treasury, Timothy F. Geithner helped the United States navigate the worst financial crisis since the Great Depression, from boom to bust to rescue to recovery. In a candid, riveting, and historically illuminating memoir, he takes readers behind the scenes of the crisis, explaining the hard choices and politically unpalatable decisions he made to repair a broken financial system and prevent the collapse of the Main Street economy. This is the inside story of how a small group of policy makers—in a thick fog of uncertainty, with unimaginably high stakes—helped avoid a second depression but lost the American people doing it. Stress Test is also a valuable guide to how governments can better manage financial crises, because this one won’t be the last. Stress Test reveals a side of Secretary Geithner the public has never seen, starting with his childhood as an American abroad. He recounts his early days as a young Treasury official helping to fight the international financial crises of the 1990s, then describes what he saw, what he did, and what he missed at the New York Fed before the Wall Street boom went bust. He takes readers inside the room as the crisis began, intensified, and burned out of control, discussing the most controversial episodes of his tenures at the New York Fed and the Treasury, including the rescue of Bear Stearns; the harrowing weekend when Lehman Brothers failed; the searing crucible of the AIG rescue as well as the furor over the firm’s lavish bonuses; the battles inside the Obama administration over his widely criticized but ultimately successful plan to end the crisis; and the bracing fight for the most sweeping financial reforms in more than seventy years. Secretary Geithner also describes the aftershocks of the crisis, including the administration’s efforts to address high unemployment, a series of brutal political battles over deficits and debt, and the drama over Europe’s repeated flirtations with the economic abyss. Secretary Geithner is not a politician, but he has things to say about politics—the silliness, the nastiness, the toll it took on his family. But in the end, Stress Test is a hopeful story about public service. In this revealing memoir, Tim Geithner explains how America withstood the ultimate stress test of its political and financial systems.

Reflections on the Great Depression

Reflections on the Great Depression PDF Author: Randall E. Parker
Publisher: Edward Elgar Publishing
ISBN: 1843765500
Category : Business & Economics
Languages : en
Pages : 243

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Book Description
This is an enjoyable and immensely readable book which combines in interview format, reflections by prominent economists on contemporary and subsequent explanations of the Great Depression with what Bernanke in his foreword refers to as highbrow gossip concerning the lives and experiences of those selected economists who lived through the era. W.R. Garside, Australian Economic History Review The tone of the book is broad, and it moves fluidly between discussion of grand intellectual debates about what mattered, personal thoughts of the interviewer and his subjects, formative experiences, events and gossip. Christopher M. Meissner, The International History Review This volume is built around transcripts of interviews conducted in 1997 and 1998 with 11 noteworthy economists who had been graduate students in the 1930s. They were invited to reflect on how the Great Depression affected them, both personally and professionally. As Ben S. Bernanke remarks in the foreword, this is first-rate highbrow gossip . The result is both instructive and entertaining. William J. Barber, Journal of Economic History The interviews with famous senior economists contained in this enjoyable book achieve two important, and quite distinct, goals. First, they provide invaluable insights into the history of theorizing about the Depression. In these conversations we see the struggles of the brightest young economists of their generation to reconcile old paradigms of the efficiency and optimality of free markets with the hard facts of mass unemployment and economic collapse they saw around them in the 1930s. In their attempts to find new answers we see the roots of current ideas and debates in economics. These interviews do an excellent job of recapturing the sense of uncertainty, the feeling of grappling with an intractable puzzle, that almost every one of these economists experienced. The second achievement of these interviews is to provide, well, first-rate highbrow gossip. The interviewees are outstanding economists but they are also an exceptional group of people. They hail from around the world, from a variety of cultural and socioeconomic backgrounds. Each, in one way or the other, found his or her way to professional prominence, often in the face of substantial adversity. From the foreword by Ben S. Bernanke, Princeton University, US It is an accepted truism that the Great Depression did more for the development of modern economics than any other single event. Some of the greatest economists of the twentieth century were inspired to go into the field as a direct result of their experiences during this period. This book explores the most prominent economic explanations of the Great Depression and how it affected the lives, experiences, and subsequent thinking of economists who lived through that era. Presented in interview format, this collection of conversations with Moses Abramovitz, Morris Adelman, Milton Friedman, Albert Hart, Charles Kindleberger, Wassily Leontief, Paul Samuelson, Anna Schwartz, James Tobin, Herbert Stein and Victor Zarnowitz provides a record of their reflections on the economics of the Great Depression and on the major events which occurred during those critical years. This volume is also another chapter in the legacy of the interwar generation of economists and is intended as a token of gratitude for the contributions they have made to the economics profession. Randall Parker has given us a window into the lives of these gifted scholars and an important glimpse into the world that shaped them. Any student or scholar of economics will find this homage to and record of the brightest voices to come out of this critical time to be indispensable.

Ten Years After: Reflections on the Global Financial Crisis

Ten Years After: Reflections on the Global Financial Crisis PDF Author: Laurence B. Siegel
Publisher: CFA Institute Research Foundation
ISBN: 1944960740
Category : Business & Economics
Languages : en
Pages : 70

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Book Description
This brief is based on a conference that marked the 10-year anniversary of the global financial crisis. It explores the origins of and response to the crisis and the lessons learned from it.

Stress Test

Stress Test PDF Author: Timothy F. Geithner
Publisher: Crown
ISBN: 0804138613
Category : Biography & Autobiography
Languages : en
Pages : 610

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Book Description
New York Times Bestseller Washington Post Bestseller Los Angeles Times Bestseller Stress Test is the story of Tim Geithner’s education in financial crises. As president of the Federal Reserve Bank of New York and then as President Barack Obama’s secretary of the Treasury, Timothy F. Geithner helped the United States navigate the worst financial crisis since the Great Depression, from boom to bust to rescue to recovery. In a candid, riveting, and historically illuminating memoir, he takes readers behind the scenes of the crisis, explaining the hard choices and politically unpalatable decisions he made to repair a broken financial system and prevent the collapse of the Main Street economy. This is the inside story of how a small group of policy makers—in a thick fog of uncertainty, with unimaginably high stakes—helped avoid a second depression but lost the American people doing it. Stress Test is also a valuable guide to how governments can better manage financial crises, because this one won’t be the last. Stress Test reveals a side of Secretary Geithner the public has never seen, starting with his childhood as an American abroad. He recounts his early days as a young Treasury official helping to fight the international financial crises of the 1990s, then describes what he saw, what he did, and what he missed at the New York Fed before the Wall Street boom went bust. He takes readers inside the room as the crisis began, intensified, and burned out of control, discussing the most controversial episodes of his tenures at the New York Fed and the Treasury, including the rescue of Bear Stearns; the harrowing weekend when Lehman Brothers failed; the searing crucible of the AIG rescue as well as the furor over the firm’s lavish bonuses; the battles inside the Obama administration over his widely criticized but ultimately successful plan to end the crisis; and the bracing fight for the most sweeping financial reforms in more than seventy years. Secretary Geithner also describes the aftershocks of the crisis, including the administration’s efforts to address high unemployment, a series of brutal political battles over deficits and debt, and the drama over Europe’s repeated flirtations with the economic abyss. Secretary Geithner is not a politician, but he has things to say about politics—the silliness, the nastiness, the toll it took on his family. But in the end, Stress Test is a hopeful story about public service. In this revealing memoir, Tim Geithner explains how America withstood the ultimate stress test of its political and financial systems.

The Gigantic Casino

The Gigantic Casino PDF Author: Fidel Castro
Publisher: LeftWord Books
ISBN: 8187496827
Category : Financial crises
Languages : en
Pages : 80

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Book Description
This book shows Castro at his inimitable best, tracking developments as they unfold, using his enormous wisdom and sharp analytical faculties to unravel aspects of the biggest economic crisis to hit the capitalist world since the Great Depression of the 1930s.

Between the Crashes

Between the Crashes PDF Author: Mark Field
Publisher: Biteback Publishing
ISBN: 1849545790
Category : Business & Economics
Languages : en
Pages : 287

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Book Description
City of London MP Mark Field had a ringside seat in 2008 as the global financial system was sucked into a spiral of crisis. With one foot in the Westminster Village and the other in his central London constituency, Field had access to a unique mix of politicians, financiers and business people in the feverish months and years that followed. A collection of his short contemporary essays and speeches from 2007 to 2012, Between the Crashes provides a timeline of the financial crisis, its aftermath and the ensuing travails of the eurozone as well as an account of the challenges facing the Brown and coalition governments. In doing so, Between the Crashes pulls together some of the overarching themes set to define the early part of the twenty-first century - the shift of power eastwards, generational division, disillusionment with capitalism and the political class and, most of all, the impact of colossal Western debt. In providing robust analysis of the UK's problems, Mark Field puts forward some practical solutions for the future, challenging the political class at a time of stagnant growth in the British economy. And as its title suggests, Between the Crashes finally asks ... is there more to come?

Against the Consensus

Against the Consensus PDF Author: Justin Yifu Lin
Publisher: Cambridge University Press
ISBN: 1107292670
Category : Business & Economics
Languages : en
Pages : 279

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Book Description
In June 2008, Justin Yifu Lin was appointed Chief Economist of the World Bank, right before the eruption of the worst global financial and economic crisis since the Great Depression. Drawing on experience from his privileged position, Lin offers unique reflections on the cause of the crisis, why it was so serious and widespread, and its likely evolution. Arguing that conventional theories provide inadequate solutions, he proposes new initiatives for achieving global stability and avoiding the recurrence of similar crises in the future. He suggests that the crisis and the global imbalances both originated with the excess liquidity created by US financial deregulation and loose monetary policy, and recommends the creation of a global Marshall Plan and a new supranational global reserve currency. This thought-provoking book will appeal to academics, graduate students, policy makers, and anyone interested in the global economy.

The Ethics Recession

The Ethics Recession PDF Author: Rushworth M. Kidder
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 152

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Book Description
This book traces the collapse of integrity, the abandonment of responsibility, and the failures of moral courage that underlie the financial numbers - and identifies the changes in thinking needed to bring us back into balance.