![Modern Financial Crises](/assets/artwork/1x1-42817eea7ade52607a760cbee00d1495.gif)
![Modern Financial Crises](/assets/artwork/1x1-42817eea7ade52607a760cbee00d1495.gif)
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Modern Financial Crises
Argentina, United States and Europe
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- $59.99
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- $59.99
Publisher Description
This book is devoted to the analysis of the three main financial crises that have marked this century: 2001 Argentina’s defaulting on its external debt, the American subprime crisis in 2008, and the current European debt crisis in Europe. The book pursues three major objectives: firstly, to accurately portray these three financial crises; secondly, to analyze what went wrong with mainstream economic theory, which was unable to foresee these types of economic turmoil; and thirdly, to review macroeconomic theory, re-evaluating Keynes’ original contribution to economic analysis and pointing out the need to rebuild macroeconomics with a view to studying economic illness rather than trying to prove the non-existence of economic problems.