The Origin of Financial Crises

The Origin of Financial Crises

Central Banks, Credit Bubbles and the Efficient Market Fallacy

Book - 2008
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Random House, Inc.
In a series of disarmingly simple arguments financial market analyst George Cooper challenges the core principles of today's economic orthodoxy and explains how we have created an economy that is inherently unstable and crisis prone. With great skill, he examines the very foundations of today's economic philosophy and adds a compelling analysis of the forces behind economic crisis. His goal is nothing less than preventing the seemingly endless procession of damaging boom-bust cycles, unsustainable economic bubbles, crippling credit crunches, and debilitating inflation. His direct, conscientious, and honest approach will captivate any reader and is an invaluable aid in understanding today's economy.

Publisher: New York : Vintage Books, c2008
ISBN: 9780307473455
Branch Call Number: 338.542 COO
Characteristics: 194 p

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StarGladiator
Oct 10, 2016

Seriously, is this dude for real???? I mean, one wonders if lately Goldman Sachs and Chase and Deutsche ONLY hire idiots, or did he fall into the category of The Useful Idiots?
// WE have created an economy that is inherently unstable and crisis prone. \\
We did, did we???? And if such an economy didn't exist how would there have been a $23 trillion wealth transfer from the 90% to the .01%????
Again, I ask, is this dude for real?????

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