The Rise and Fall of Money Manager Capitalism

Book Name : The Rise and Fall of Money Manager Capitalism_x000D_
Minsky's half century from world war two to the great recession

By by Eric Tymoigne, L. Randall Wray

Sub Title : Minsky's half century from world war two to the great recession

Written by : by Eric Tymoigne, L. Randall Wray

Subject Category : Economics

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about this book

The book studies the trends that led to the worst financial crisis since the Great Depression, as well as the unfolding of the crisis, in order to provide policy recommendations to improve financial stability. The book starts with changes in monetary policy and income distribution from the 1970s. These changes profoundly modified the foundations of economic growth in the US by destroying the commitment banking model and by decreasing the earning power of households whose consumption has been at the core of the growth process. The main themes of the book are the changes in the financial structure and income distribution, the collapse of the Ponzi process in 2007, and actual and prospective policy responses. The objective is to show that Minsky’s approach can be used to understand the making and unfolding of the crisis and to draw some policy implications to improve financial stability. Taylor and Francis; July 2013 ISBN 9781135076658 Read online, or download in secure PDF or secure EPUB format Title: The Rise and Fall of Money Manager Capitalism Author: Eric Tymoigne; L. Randall Wray Imprint: Routledge Subject categories Economics > Business cycles. Economic fluctuations Business > Finance Business > Economics > Macroeconomics Social Sciences ISBNs 1135076650 9780415591935 9781135076658 9781135076726 About The Author Eric Tymoigne is Assistant Professor of Economics at Lewis and Clark College. His book Central Banking, Asset Prices, and Financial Fragility was published by Routledge in 2009. L. Randall Wray is a Professor of Economics at the University of Missouri-Kansas City.

About The authore

Eric Tymoigne is Assistant Professor of Economics at Lewis and Clark College. His book Central Banking, Asset Prices, and Financial Fragility was published by Routledge in 2009.

Related subjects

Economics - Business cycles. Economic fluctuations Business - Finance Business - Economics - Macroeconomics Social Sciences

ISBN

1135076650 - 9780415591935 - 9781135076658 - 9781135076726

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Imprint

Routledge