The shifts and the shocks : what we've learned -- and have still to learn -- from the financial crisis

Resource Information

The work The shifts and the shocks : what we've learned -- and have still to learn -- from the financial crisis represents a distinct intellectual or artistic creation found in Austin Public Library. This resource is a combination of several types including: Work, Language Material, Books.

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Label

The shifts and the shocks : what we've learned -- and have still to learn -- from the financial crisis

Title remainder

what we've learned -- and have still to learn -- from the financial crisis

Statement of responsibility

Martin Wolf

Title variation

• What we've learned - and have still to learn - from the financial crisis
• What we have learned - and have still to learn - from the financial crisis
• shifts and the shocks

Title variation remainder

what weve learned - and have still to learn - from the financial crisis

Creator

• trueWolf, Martin, 1946-

Subject

• trueEconomics
• trueFinancial crises
• trueEconomic development
• trueEconomic policy
• trueMonetary policy
• trueWorld economy
• trueGlobal Financial Crisis, 2008-2009
• trueGlobalization
• trueInternational finance

Language

eng

Summary

"The book identifies the origin of the crisis in the complex interaction between globalization, hugely destabilizing global imbalances and our dangerously fragile financial system. In the Eurozone, these sources of instability were multiplied by the tragically defective architecture of the monetary union. It also shows how much of the orthodoxy that shaped monetary and financial policy before the crisis occurred was complacent and wrong. In doing so, it mercilessly reveals the failures of the financial, political and intellectual elites who ran the system. The book also examines what has been done to reform the financial and monetary systems since the worst of the crisis passed. "Are we now on a sustainable course?" Wolf asks. "The answer is no." He explains with great clarity why "further crises seem certain" and why the management of the Eurozone in particular "guarantees a huge political crisis at some point in the future." Wolf provides far more ambitious and comprehensive plans for reform than any currently being implemented"--

Tone

• trueThought-provoking

Writing style

• trueIncisive
• truePersuasive

Assigning source

Provided by publisher

Cataloging source

DLC

Dewey number

330.9/0511

Illustrations

illustrations

Index

index present

LC call number

HB3722

LC item number

.W63 2014

Literary form

non fiction

Nature of contents

bibliography