The Origin of Financial Crises: Central Banks, Credit Bubbles, and the Efficient Market Fallacy

by George Cooper

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In a series of disarmingly simple arguments financial market analyst George Cooper challenges the core principles of today's economic orthodoxy and explains how we have created an economy that is inherently unstable and crisis prone. With great skill, he examines the very foundations of today's economic philosophy and adds a compelling analysis of the forces behind economic crisis. His goal is nothing less than preventing the seemingly endless procession of damaging boom-bust cycles, unsustainable economic bubbles, crippling credit crunches, and debilitating inflation. His direct, conscientious, and honest approach will captivate any reader and is an invaluable aid in understanding today's economy.
  • ISBN10 0307473457
  • ISBN13 9780307473455
  • Publish Date 29 October 2008 (first published 1 January 2008)
  • Publish Status Active
  • Publish Country US
  • Publisher Random House USA Inc
  • Imprint Random House Inc