Understanding financial crises

Yılmaz, Ensar 1970- (author.).

Summary: "Incorporating a broad range of economic approaches, Understanding Financial Crises explores the merits of various arguments and theories which have been used to explain the causes of financial crises. The book explores eight of these different explanations: under-consumption, debt accumulation, financialization, income inequality, financial fragility, tendency of rate of profit to fall, human behavior and global imbalances. The introduction provides a brief overview of each argument along with a comparison of their relative merits. Each chapter then introduces one of the arguments, explores a historical case, and focuses on the insights that can be gleaned into the global crisis in 2007-2008. The book draws on insights from various schools of thought including post-Keynesian economics, Marxist economics, behavioral economics, neoclassical economics, and more, to provide a pluralist overview of the causes of economic crises in general and the Great Recession in particular. This book marks a significant contribution to the literature on economic and financial crises, political economy and heterodox economics. It is well suited to academicians, practitioners, and financial analysts working within the relevant fields. Ensar Yılmaz is a professor at Yıldız Technical University, Istanbul, Turkey, where he teaches in the Department of Economics. He is the author of several articles in the subjects of macroeconomics, financial regulation, income distribution and game theory"--

Record details

ISBN: 0367480670
ISBN: 9780367480677
ISBN: 1000163385
ISBN: 9781000163384
ISBN: 1000163423
ISBN: 9781000163421
ISBN: 1000163342
ISBN: 9781000163346
ISBN: 1003037828
ISBN: 9781003037828
Physical Description: 1 online resource (xi, 232 pages).
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Publisher: Abingdon, Oxon ; New York, NY : Routledge, 2021.

Content descriptions

Bibliography, etc. Note:	Includes bibliographical references and index.
Restrictions on Access Note:	Legal Deposit; Only available on premises controlled by the deposit library and to one user at any one time; The Legal Deposit Libraries (Non-Print Works) Regulations (UK).
Biographical or Historical Data:	Ensar Yılmaz is a professor at Yıldız Technical University, Istanbul, Turkey, where he teaches in the Department of Economics. He is the author of several articles in the subjects of macroeconomics, financial regulation, income distribution and game theory.
Source of Description Note:	Print version record.