{"product_id":"9780367532499-understanding-financial-crises","title":"Understanding Financial Crises","description":"\u003cmeta content=\"text\/html; charset=utf-8\" http-equiv=\"Content-Type\"\u003e\u003cp\u003e\u003cspan\u003e\u003cp\u003eIncorporating a broad range of economic approaches, \u003ci\u003eUnderstanding Financial Crises\u003c\/i\u003e explores the merits of various arguments and theories which have been used to explain the causes of financial crises.\u003c\/p\u003e. \u003cp\u003eIncorporating a broad range of economic approaches, \u003ci\u003eUnderstanding Financial Crises\u003c\/i\u003e explores the merits of various arguments and theories which have been used to explain the causes of financial crises. \u003c\/p\u003e\n\u003cp\u003eThe book explores eight of these different explanations: underconsumption, debt accumulation, financialization, income inequality\u003cb\u003e, \u003c\/b\u003efinancial fragility, tendency of rate of profit to fall, human behavior, and global imbalances. The introduction provides a brief overview of each argument along with a comparison of their relative merits. Each chapter then introduces one of the arguments, explores a historical case, and focuses on the insights that can be gleaned into the global crisis in 2007–2008. The book draws on insights from various schools of thought including post-Keynesian economics, Marxist economics, behavioral economics, neoclassical economics, and more, to provide a pluralist overview of the causes of economic crises in general and the Great Recession in particular.\u003c\/p\u003e\n\u003cp\u003eThis book marks a significant contribution to the literature on economic and financial crises, political economy and heterodox economics. It is well suited to academicians, practitioners, and financial analysts working within the relevant fields.\u003c\/p\u003e\n\u003cbr\u003e\u003c\/span\u003e\u003c\/p\u003e","brand":"Rarewaves","offers":[{"title":"Default Title","offer_id":40081101881441,"sku":"9780367532499","price":47.29,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0092\/7504\/8033\/products\/768651d960dd7ab2e7d7ac894045eb63.jpg?v=1654608596","url":"https:\/\/www.rarewaves.com\/products\/9780367532499-understanding-financial-crises","provider":"Rarewaves.com","version":"1.0","type":"link"}