Financial Markets and the Real Economy

Financial Markets and the Real Economy PDF Author: John H. Cochrane
Publisher: Now Publishers Inc
ISBN: 1933019158
Category : Business & Economics
Languages : en
Pages : 117

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Book Description
Financial Markets and the Real Economy reviews the current academic literature on the macroeconomics of finance.

Financial Markets and the Real Economy

Financial Markets and the Real Economy PDF Author: John H. Cochrane
Publisher: Now Publishers Inc
ISBN: 1933019158
Category : Business & Economics
Languages : en
Pages : 117

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Book Description
Financial Markets and the Real Economy reviews the current academic literature on the macroeconomics of finance.

Money, Finance, and the Real Economy

Money, Finance, and the Real Economy PDF Author: Anton Brender
Publisher:
ISBN: 9789461384188
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
Money matters... but so does finance Starting with the link between money and economic activity, this study shows how today's financial systems have shaped the way that monetary policy is transmitted to the real economy. The information gathering and decisionmaking processes within the financial system play a key role in determining both how credit is allocated and how the risks implied by credit are borne. The study points to what went wrong during the credit boom of the 2000s, which was the counterpart to a huge accumulation of savings, concentrated mainly in emerging economies. This accumulation could well continue. Making better use of the coming savings is a challenge that authorities will have to meet if they want finance to better serve the real economy.

The Real Economy and the Finance Economy

The Real Economy and the Finance Economy PDF Author: Marc Batko
Publisher: BookRix
ISBN: 3730943960
Category : Business & Economics
Languages : en
Pages : 81

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Book Description
In 2013 economic crisis is marked by systemic and structural contradictions, exploding inequality, ecological overshoot and the erosion of trust, democracy and community. Trillions were given to Wall Street banks to avert financial collapse on the ground of "too big to fail." Private losses morphed into public losses. Taxpayers shouldered the losses from financial speculation and unbounded deregulation. Government acted as the "errand boy for the banks" (Bill Moyers). Economic problems are systemic and structural, not psychological and motivational. Risk-takers and job-creators have been unmasked. Risk-managers turned out to be risk-producers. The system must be changed because the systrem leads to stagnant wages over 30 years, totally inadequate creation of family-wage jobs paying into social security. Our clientele system confuses public and private, ignores long-term necessities (e.g. universal health care, free or affordable education and rights of nature) in favor of profit maximization and shareholder interests. We face system (collective and political) problems since lobbyists write legislation, corporations are treated as persons, money is regarded as speech (the disastrous 2010 Supreme Court decision in Citizens United) and investment is confused with speculation. Financial investment eclipses real economy investment. Wall Street banks spend over $4 billion over 10 years for lobbying and campaign contributions. The myths of neoliberalism and shareholder value were and are the basis for the 2007-2008 financial crisis. The myths of the invisible hand (that self-interest leads to the public interest), corporate beneficence, money created out of thin air, the Enron-model, the Apple-Google model of billions in dummy corporations or tax havens, the investors-suing-states model and the myth of nature as a free good, external or sink must be deconstructed and abandoned. Cooperation and competition are not opposites but depend on one another. Education, health care, air waves, food, housing and information are public and must remain public. Otherwise they become privileges and we live in a plutocracy or 21st century feudalism. The time is right for alternative economics, reducing working hours, labor-intensive investment, person-related work, access not excess and enough not more. Unlike a chair, an idea can be shared by a whole people! The following articles by Swiss, Austrian and German critical economists could revitalize public debate and understanding. The present system is unsustainable and the future system is still being designed. Radical change is a necessity given the end of cheap oil, climate change and the need to redefine work, security, happiness and health. Only dead fish swim with the stream. You can make fish soup out of an aquarium but you can't make an aquarium out of fish soup. A public debate on job creation, shrinking the financial sector, market failure, motors, models and myths is imperative.

The Real Economy

The Real Economy PDF Author: Federico Neiburg
Publisher: Special Issues in Ethnographic Theory
ISBN: 9781912808267
Category : Economic anthropology
Languages : en
Pages : 0

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Book Description
Date of publication obtained from publisher website.

Makers and Takers

Makers and Takers PDF Author: Rana Foroohar
Publisher: Currency
ISBN: 0553447254
Category : Business & Economics
Languages : en
Pages : 402

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Book Description
Is Wall Street bad for Main Street America? "A well-told exploration of why our current economy is leaving too many behind." —The New York Times In looking at the forces that shaped the 2016 presidential election, one thing is clear: much of the population believes that our economic system is rigged to enrich the privileged elites at the expense of hard-working Americans. This is a belief held equally on both sides of political spectrum, and it seems only to be gaining momentum. A key reason, says Financial Times columnist Rana Foroohar, is the fact that Wall Street is no longer supporting Main Street businesses that create the jobs for the middle and working class. She draws on in-depth reporting and interviews at the highest rungs of business and government to show how the “financialization of America”—the phenomenon by which finance and its way of thinking have come to dominate every corner of business—is threatening the American Dream. Now updated with new material explaining how our corrupted financial sys­tem propelled Donald Trump to power, Makers and Takers explores the confluence of forces that has led American businesses to favor balance-sheet engineering over the actual kind, greed over growth, and short-term profits over putting people to work. From the cozy relationship between Wall Street and Washington, to a tax code designed to benefit wealthy individuals and corporations, to forty years of bad policy decisions, she shows why so many Americans have lost trust in the sys­tem, and why it matters urgently to us all. Through colorful stories of both “Takers,” those stifling job creation while lining their own pockets, and “Makers,” businesses serving the real economy, Foroohar shows how we can reverse these trends for a better path forward.

Crisis in the Global Economy

Crisis in the Global Economy PDF Author: Andrea Fumagalli
Publisher: Semiotext(e) / Active Agents
ISBN:
Category : Business & Economics
Languages : en
Pages : 312

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Book Description
'Crisis in the Global Economy' reflects on the state of global capitalism, developed in the mobile 'multiversity' of the UniNomade network of international researchers and activists during the months immediately following the first signals of the current financial and economic crisis.

The Greek Economy

The Greek Economy PDF Author: N. Pirounakis
Publisher: Springer
ISBN: 0230374867
Category : Business & Economics
Languages : en
Pages : 343

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Book Description
The European Union's weakest economy is in crisis. This makes Greece's participation in European Monetary Union doubtful and weakens her security against mounting foreign pressures. She must improve her economic performance dramatically. The book explains why Greece has lost ground and covers growth, inflation, public debt, banking, social security, industry, housing and tourism. The social and political roots of the crisis are identified. The road for recovery is outlined. Passionately written, it is also a rich source of data on Greece not readily found elsewhere.

Remaking the Real Economy

Remaking the Real Economy PDF Author: Pearson, Gordon
Publisher: Policy Press
ISBN: 1447356586
Category : Business & Economics
Languages : en
Pages : 238

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Book Description
Debunking the myths around the current economic belief systems, this book reveals how mainstream perspectives work for the benefit of the organised money establishment, while causing all manner of destructions, inequalities and frauds, all conspiring against the common good. Focused on the realities of organisational systems, Pearson offers a practical alternative to economic dogma. Written from a distinctive perspective that combines practitioner and academic expertise, this book is structured as a simple model of business strategy and identifies necessary systems change in order to achieve a truly sustainable future.

The Little Book of Economics

The Little Book of Economics PDF Author: Greg Ip
Publisher: John Wiley & Sons
ISBN: 1118391578
Category : Business & Economics
Languages : en
Pages : 297

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Book Description
An accessible, thoroughly engaging look at how the economy really works and its role in your everyday life Not surprisingly, regular people suddenly are paying a lot closer attention to the economy than ever before. But economics, with its weird technical jargon and knotty concepts and formulas can be a very difficult subject to get to grips with on your own. Enter Greg Ip and his Little Book of Economics. Like a patient, good-natured tutor, Greg, one of today's most respected economics journalists, walks you through everything you need to know about how the economy works. Short on technical jargon and long on clear, concise, plain-English explanations of important terms, concepts, events, historical figures and major players, this revised and updated edition of Greg's bestselling guide clues you in on what's really going on, what it means to you and what we should be demanding our policymakers do about the economy going forward. From inflation to the Federal Reserve, taxes to the budget deficit, you get indispensible insights into everything that really matters about economics and its impact on everyday life Special sections featuring additional resources of every subject discussed and where to find additional information to help you learn more about an issue and keep track of ongoing developments Offers priceless insights into the roots of America's economic crisis and its aftermath, especially the role played by excessive greed and risk-taking, and what can be done to avoid another economic cataclysm Digs into globalization, the roots of the Euro crisis, the sources of China's spectacular growth, and why the gap between the economy's winners and losers keeps widening

Economic Foundations for Finance

Economic Foundations for Finance PDF Author: Thorsten Hens
Publisher: Springer Nature
ISBN: 3030054276
Category : Business & Economics
Languages : en
Pages : 178

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Book Description
This book provides readers with essential concepts from financial economics for an integrated study of the financial system and the real economy. It discusses how long-term market prices are determined and affected by population growth, technological progress and non-renewable resources. The meaning of market prices is examined from the perspective of households and from the perspective of firms. The book therefore connects different fields of finance, which usually focus only on either the households’ side or the firms’ side.