The Next Financial Crisis and How to Save Capitalism

A. Mirakhor, H. Askari

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Palgrave Macmillan US img Link Publisher

Sozialwissenschaften, Recht, Wirtschaft / Einzelne Wirtschaftszweige, Branchen

Beschreibung

The financialization of the economy has brought a number of interrelated problems which have contributed to growing income and wealth inequality. Askari and Mirakhor assert that it is time to make a bold change by putting our financial house in order and on a better path, advocating for a fundamental reform of the financial system.

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Schlagwörter

Fractional Reserve Banking, capitalism, Risk Sharing, Banking, inequality, growth, Financialization, Debt, financial crisis, Equity Finance, Financial Crises