The Global Financial Crisis and Its Aftermath: Hidden Factors in the Meltdown by A.g. MalliarisThe Global Financial Crisis and Its Aftermath: Hidden Factors in the Meltdown by A.g. Malliaris

The Global Financial Crisis and Its Aftermath: Hidden Factors in the Meltdown

EditorA.g. Malliaris, Leslie Shaw, Hersh Shefrin

Hardcover | October 28, 2016

Pricing and Purchase Info

$81.50

Earn 408 plum® points

Prices and offers may vary in store

Quantity:

Ships within 1-3 weeks

Ships free on orders over $25

Not available in stores

about

In The Global Financial Crisis, contributors argue that the complexity of the Global Financial Crisis challenges researchers to offer more comprehensive explanations by extending the scope and range of their traditional investigations. To achieve this, the volume views the financial crisissimultaneously through three different lenses - economic, psychological, and social values. Contributors offer a constructive methodology suitable for exploring financial crises. They recognize how current economic analysis did not prepare academic economists, business economists, traders, and regulators to anticipate economic and financial crises. So, they search more extensively withinthe broader discipline of economics for ideas related to crises but neglected perhaps because they were not mathematically rigorous. They affirm that the complexity of financial crises necessitates complementary research. Thus, to put the focal purpose of this book differently, they explore the Global Financial Crisis from three interconnected frameworks: the standards of orthodox economic analysis, Minskyan economics, and therole of ideas and values in economics. Values are the subject of both philosophy and psychology and can contribute to a better understanding of the Global Financial Crisis. Values, in general, have been relatively neglected by economists. This is not because there is doubt about their significance, but rather because welfare economicsand collective choice still operate within the neoclassical paradigm. This volume argues that analyzing the value implications requires moving from the neoclassical framework to something that is broader and multidisciplinary.
A.G. (Tassos) Malliaris is currently Professor of Economics and Finance and holds the Walter F. Mullady Sr. Chair in Business Administration at Loyola University Chicago. He specializes in financial economics and has made several contributions in the area of futures markets, options markets and risk management. He is President of the A...
Loading
Title:The Global Financial Crisis and Its Aftermath: Hidden Factors in the MeltdownFormat:HardcoverDimensions:480 pages, 9.25 × 6.12 × 0.98 inPublished:October 28, 2016Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0199386226

ISBN - 13:9780199386222

Look for similar items by category:

Reviews