Edited by Óscar Dejuán, Eladio Febrero and Maria Cristina Marcuzzo
The 2008–10 financial crisis and the global recession it created is a complex phenomenon that warrants detailed examination. The various essays in this book utilise several alternative paradigms to provide a plausible explanation and a credible cure. Great detail is given to this important analysis from different theoretical perspectives, presenting a clearer understanding of what went wrong and expounding misinterpretations of current theories and practices.
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- The First Great Recession of the 21st Century Competing Explanations
- Chapter 1: Who Predicted the Crisis and What Can We Learn from Them?
- Chapter 2: A Brief Note on Economic Recessions, Banking Reform and the Future of Capitalism
- Chapter 3: Understanding Crisis: On the Meaning of Uncertainty and Probability
- Chapter 4: Financial Crisis and Risk Measurement: The Historical Perspective and a New Methodology
- Chapter 5: Did Economic Analysis Fail in the Current Financial Crisis?
- Chapter 6: Does the Current Global Crisis Remind us of the Great Depression?
- Chapter 7: Innovation, Growth, Cycles and Finance: Three (or Four or More) Stories from the 1930s and their Lessons
- Chapter 8: Epic Recession and Economic Theory
- Chapter 9: Did Asset Prices Cause the Current Crisis?
- Chapter 10: The Role of the History of Economic Thought in the Development of Economic Theory and Policy
- Chapter 11: Testimony to the Financial Crisis Inquiry Commission by Alan Greenspan
- Chapter 12: Long-term Depression and New Markets: Economists and the 2008 Recession
- Chapter 13: Manifestations of the Global Crisis in a Small Open Economy
- Chapter 14: The Aftermath of a Long Decade of Real Nil Interest Rates (Spain 1996–2008)
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