Broken markets a user's guide to the post-finance economy
"I would sleep better if I knew that Bernanke, Geithner, Bachus, Sen. Tim Johnson, Obama and Romney all kept dog-eared copies of Kevin Mellyn's Broken Markets on their nightstands. . . . Mellyn's work is a fascinating, important, and eminently good read and should inform the debate on...
| Autor principal: | |
|---|---|
| Formato: | Libro electrónico |
| Idioma: | Inglés |
| Publicado: |
New York :
Apress ; distributed by Springer-Verlag
c2012.
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| Edición: | 1st ed. 2012. |
| Materias: | |
| Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009627986106719 |
Tabla de Contenidos:
- Title Page; Copyright page; Table of contents; Foreword; About the Author; Acknowledgments; Introduction; Chapter 1. The Rise and Fall of the Finance-Driven Economy; What Karl Can Teach Us; The Current Movie; Scene One; Scene Two; Scene Three; Scene Four; Scene Five; Scene Six; Scene Seven; Scene Eight; Scene Nine; Scene Ten; Scene Eleven; Scene Twelve; Final Scene and Fade to Credits; Where We Are Now; The Magic and Poison of Financial Leverage; The Disconnection Problem; The Financialization of Wealth; The Rise of the CEO Class; Role of Consumer Debt; The Great Moderation
- The Great Panic: Cause and Effect The Agony of the Household Sector; Corporate America Chugs Ahead; The End of Employment; No Safe Havens; Chapter 2. Banking, Regulation, and Financial Crises; The Postwar Financial Order Undone; The Basel Process Is Born; The Birth of Consumer Banking; Safe As Houses; Risky Business; The Triumph of the Market; How Government Policy and Central Banks Shaped the Market Meltdown; The Classic Cure for Financial Panics; Why Things Might Get Worse; The Lessons of the Great Depression Unlearned; Three Years On: Why So Little Has Changed; Political Missteps
- Legal Missteps Dodd-Frank; Basel III; The End of the Euro; Chapter 3. The Economic Consequences of Financial Regulation; Distortion of Bank P & Ls and Balance Sheets; Supervision vs. Rule Making; The Shell Game; Restriction of Financial Access; Consumer Protection vs. Access; The End of Product Differentiation; Unbanking the Banked; Hurting the Savers and Investors; Chapter 4. Life After Finance; Is Government Spending Like Household Spending?; The Birth of the Credit-Driven Economy; How to Keep Interest Rates Low; Financial Repression Made Simple; The Rules of Repression
- Raising-or Lowering-Taxes Has Little Impact The Political Direction of Credit and Investment; The Old Urge to Pick Winners and Losers; The Myth of the Laissez-Faire Economy; The Point: Power; Taking Risk out of a Risky Business; Keep Them Small; Keep Them Separate; Let Them Grow Big; Increase Competition; Death Knell for Consumer Credit; Cutting Off the Consumer; Starving the Entrepreneurs; Chapter 5. Global Whirlwinds; Global Trade Is Not a Zero-Sum Game; Cheap TVs Will Continue to Be a Good Dealfor the United States; Currency Manipulation or Fair Dealing?; Ants and Grasshoppers
- Why China and the United States Are Joined at the Hip Why Austerity Can Be Worse Than Debt; The Euro: Meant to Pave the Way to Real Unification; Living Like Germany; Why a European Banking Crisis Threatens America; It's Still All About Trust; The Global Money Pump; Technology vs. Friction; The Clearing and Settlement Bottleneck; The War Against Settlement Risk; Why Finance Might Move to Asia; Cultural Differences in Financial Systems; Why the United States Is Losing Clout but Remains Indispensable; Why There Is No Alternative; Why the System Needs a Hegemon; Will China Stand Up?
- Chapter 6. The Consumer in the World After Finance
