Posing the topic: “Financial actors serving the common good” today, is directly related to the lessons we draw from the recent financial crisis. To review the case I understand two points need to be addressed briefly: on one hand, a diagnosis of the crisis, and on the other, the proposal for an efficient and resilient financial sector that follows from that view. Concerning the diagnosis, I agree with those who affirm that the crisis was originated by an excess of savings formed in financial markets for various reasons. This excessive volume of savings caused mal-investment, and evolved in accordance to the pattern of what we can call a “speculative bubble”, which is not such an infrequent phenomenon in the functioning logic of capital mark...
The paradigm that financial markets are efficient has provided the intellectual backbone for the der...
During the crisis, it became evident that the kind of capitalism that was becoming dominant in the d...
The global financial and economic crisis is of such magnitude that 2008 will probably be looked back...
Posing the topic: “Financial actors serving the common good” today, is directly related to the lesso...
Savings and investments in the American money market by emerging countries, primarily China, finan...
It is now evident that this is an unprecedented phase in the history of global capitalism. The still...
The financial crisis of 20082009 presents us with the opportunity to not only understand what has h...
Before the outbreak of the global financial crisis (GFC) in 2007, the ways in which financial market...
Never before has finance been regarded with the suspicion of these past three years. Yet money and c...
The 2008 global financial crisis was the consequence of the process of financialization, or the crea...
This new book by two leading economists is a far-reaching analysis of the role and organization of t...
The crucial task starting now, in 2009, before it is too late, will be to restructure, or reconfigur...
International audienceThere is little debate that the main cause of the Great Financial Crisis (GFC)...
On the fifth anniversary of the beginning of the Great Recession, there is still no consensus on the...
Although the author regards the current financial crisis as a crisis of finance itself, he sees neit...
The paradigm that financial markets are efficient has provided the intellectual backbone for the der...
During the crisis, it became evident that the kind of capitalism that was becoming dominant in the d...
The global financial and economic crisis is of such magnitude that 2008 will probably be looked back...
Posing the topic: “Financial actors serving the common good” today, is directly related to the lesso...
Savings and investments in the American money market by emerging countries, primarily China, finan...
It is now evident that this is an unprecedented phase in the history of global capitalism. The still...
The financial crisis of 20082009 presents us with the opportunity to not only understand what has h...
Before the outbreak of the global financial crisis (GFC) in 2007, the ways in which financial market...
Never before has finance been regarded with the suspicion of these past three years. Yet money and c...
The 2008 global financial crisis was the consequence of the process of financialization, or the crea...
This new book by two leading economists is a far-reaching analysis of the role and organization of t...
The crucial task starting now, in 2009, before it is too late, will be to restructure, or reconfigur...
International audienceThere is little debate that the main cause of the Great Financial Crisis (GFC)...
On the fifth anniversary of the beginning of the Great Recession, there is still no consensus on the...
Although the author regards the current financial crisis as a crisis of finance itself, he sees neit...
The paradigm that financial markets are efficient has provided the intellectual backbone for the der...
During the crisis, it became evident that the kind of capitalism that was becoming dominant in the d...
The global financial and economic crisis is of such magnitude that 2008 will probably be looked back...