The Greatest Crash :How contradictory policies are sinking the global economy

Publication subTitle :How contradictory policies are sinking the global economy

Author: David Kauders  

Publisher: Sparkling Books‎

Publication year: 2011

E-ISBN: 9781907230356

Subject: F113 world economy

Keyword: 财政、金融

Language: ENG

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Description

"Radical thinkers might have a point" - Financial Times


The Greatest Crash argues that the financial system which evolved from the early Italian bankers has now reached a roadblock. The weight of debt already created prevents further economic expansion, while paying down the debt shrinks economies. To escape this trap, evolution is needed. But bureaucratic design, delegated government, and group think, all combine to prevent evolution.

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