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The Financial Crisis

Who Is to Blame?

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  • 240 páginas
  • 9 horas de lectura

Más información sobre el libro

There is still no consensus on who or what caused the financial crisis which engulfed the world, beginning in the summer of 2007. A huge number of suspects have been identified, from greedy investment bankers, through feckless borrowers, dilatory regulators and myopic central bankers to violent video games and high levels of testosterone among the denizens of trading floors. There is not even agreement on whether the crisis shows a need for more government intervention in markets, or less: some maintain that government encouragement of home ownership lay at the heart of the problem in the US, in particular. In <i>The Financial Crisis </i>Howard Davies charts a course through these arguments, and the evidence advanced for each of them. The reader can thereby assess the weight to be attached to each, and the likely effectiveness of the remedies under development.

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The Financial Crisis, Howard Davies

Idioma
Publicado en
2010
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(Tapa blanda),
Estado del libro
Bueno
Precio
4,39 €

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Título
The Financial Crisis
Subtítulo
Who Is to Blame?
Idioma
Inglés
Editorial
Polity
Publicado en
2010
Formato
Tapa blanda
Páginas
240
ISBN10
074565164X
ISBN13
9780745651644
Serie
Descripción
There is still no consensus on who or what caused the financial crisis which engulfed the world, beginning in the summer of 2007. A huge number of suspects have been identified, from greedy investment bankers, through feckless borrowers, dilatory regulators and myopic central bankers to violent video games and high levels of testosterone among the denizens of trading floors. There is not even agreement on whether the crisis shows a need for more government intervention in markets, or less: some maintain that government encouragement of home ownership lay at the heart of the problem in the US, in particular. In <i>The Financial Crisis </i>Howard Davies charts a course through these arguments, and the evidence advanced for each of them. The reader can thereby assess the weight to be attached to each, and the likely effectiveness of the remedies under development.