Global Imbalances and the Collapse of Globalised Finance
by Anton Brender, Florence Pisani
Publisher: Centre for European Policy Studies 2010
Number of pages: 192
The world economy is just starting to recover from the most disastrous episode in the history of financial globalization. Understanding what happened is essential. The authors argue in this book that the main problems were deeply rooted and are to be found in two tightly linked developments that for many years were left largely uncontrolled: the increase in the intensity of international transfers of savings -- the so-called 'global imbalances' -- and a wave of innovations -- globalized finance -- that have changed the way savings and the risks associated with their investment can be transferred.
Home page url
Download or read it online for free here:
by John T. Flynn - Mises Institute
In 1955, John T. Flynn saw what few others journalist did: the welfare-warfare state conspired to bring down American liberty. The New Deal combined with World War Two had fastened leviathan control over a country born in liberty.
by Kel Kelly - Ludwig von Mises Institute
What's the American system of economics? Most people would say it is capitalism, which thereby deserves all fault when anything goes wrong. Kel Kelly responds to this myth in this comprehensive treatment of the free market and intervention.
by Lee Boldeman - ANU Press
'The Cult of the Market' disputes the practical value of the shallow, all-encompassing, dogmatic, economic fundamentalism espoused by policy elites in recent public policy debates, along with their gross simplifications and sacred rules.
by Jared Bernstein, Dean Baker - Center for Economic & Policy Research
Real wage growth for workers in the bottom half of the income scale is dependent on the overall rate of unemployment. The authors present policies to get the unemployment rate down to a level where far more workers have a chance of getting ahead.