Ever since the financial crisis of 2008, doubts have been raised about
the future of capitalism. In this broad-ranging survey of financial
capitalism from antiquity to the present, Larry Neal reveals the ways
in which the financial innovations throughout history have increased
trade and prosperity as well as improving standards of living. These
innovations have, however, all too often led to financial crises as a
result of the failure of effective coordination among banks, capital
markets and governments. The book examines this key interrelationship
between financial innovation, government regulation and financial
crises across three thousand years, showing through past successes and
failures the key factors that underpin any successful recovery and
sustain economic growth. The result is both an essential introduction
to financial capitalism and also a series of workable solutions that
will help both to preserve the gains we have already achieved and to
mitigate the dangers of future crises.
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Produktdetaljer
ISBN
9781316443842
Publisert
2015
Utgiver
Vendor
Cambridge University Press
Språk
Product language
Engelsk
Format
Product format
Digital bok
Forfatter