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The Origin Of Financial Crises: Central Banks, Credit Bubbles And The Efficient Market Fallacy

The Origin Of Financial Crises: Central Banks, Credit Bubbles And The Efficient Market Fallacy

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The Origin of Financial Crises provides a compelling analysis of the forces behind today's economic crisis. In a series of disarmingly simple arguments George Cooper challenges the core principles of today's economic orthodoxy, explaining why financial markets do not obey the efficient market principles described in today's economic textbooks but are instead inherently unstable and habitually crisis prone.

Details of Book

ISBN13: 9781905641857
ISBN10: 1905641850
Language: English
Publication Year: 2008
Format: Hardcover

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A note on book covers: while we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.

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  • One Line Summary

    Challenging orthodox views on market stability and crises.

  • Who is this book for?

    If you're curious about why financial crises happen and want to understand the flaws in conventional economic thinking, this book offers a fresh perspective. George Cooper breaks down complex concepts with clarity and argues convincingly against the idea that markets are always efficient. It's a thought-provoking read for anyone interested in the true nature of financial instability.

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