The ghosts of the 1930s are once again walking the earth. The 1931 crisis of Austria's largest bank, Credit Anstalt, which collapsed as a result of Capital Flight depleting its reserves, is all too familiar a scenario today. Brazil, Malaysia and Japan have all experienced similar crises, and the US and Europe are not immune. Economic policy reforms by western governments have taken us back to a regime with many of the virtues of pre-depression, free-market capitalism, but with some key vices, notably a vulnerability to ...
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The ghosts of the 1930s are once again walking the earth. The 1931 crisis of Austria's largest bank, Credit Anstalt, which collapsed as a result of Capital Flight depleting its reserves, is all too familiar a scenario today. Brazil, Malaysia and Japan have all experienced similar crises, and the US and Europe are not immune. Economic policy reforms by western governments have taken us back to a regime with many of the virtues of pre-depression, free-market capitalism, but with some key vices, notably a vulnerability to instability and sustained economic slumps. As a result of these reforms, depression economics has now emerged as a real concern, and Krugman believes that sooner or later we will have to return to regulation of financial markets, limits on capital flows and a recognition that low inflation is less dangerous than price instability.
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Add this copy of The Return of Depression Economics to cart. $19.33, fair condition, Sold by Anybook rated 4.0 out of 5 stars, ships from Lincoln, UNITED KINGDOM, published 1999 by Allen Lane.
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Seller's Description:
This is an ex-library book and may have the usual library/used-book markings inside. This book has hardback covers. In fair condition, suitable as a study copy. Dust jacket in good condition. Please note the Image in this listing is a stock photo and may not match the covers of the actual item, 550grams, ISBN: 9780713993899.
Add this copy of The Return of Depression Economics (Penguin Business to cart. $32.28, very good condition, Sold by Kennys.ie rated 4.0 out of 5 stars, ships from Galway, IRELAND, published 1999 by Allen Lane.
