Financialization: The Economics of Finance Capital Domination

✍ Scribed by Thomas I. Palley (auth.)

Publisher: Palgrave Macmillan UK
Year: 2013
Tongue: English
Leaves: 238
Edition: 1
Category: Library

No coin nor oath required. For personal study only.

✦ Synopsis

The term financialization is a term that has become popular to describe developments within the global economy, and particularly within developed industrialized economies, over the past thirty years. The book is divided into four sections, which together give a comprehensive treatment of the economics and political economy of financialization.

✦ Table of Contents

Front Matter....Pages i-x
Overview: Financialization as Financial Neoliberalism....Pages 1-13
Front Matter....Pages 15-15
Financialization: What It Is and Why It Matters....Pages 17-40
The Macroeconomics of Financialization: Stages of Development Approach....Pages 41-61
The Simple Analytics of Debt-driven Business Cycles....Pages 62-81
Deflation and Inflation Dynamics with Debt....Pages 82-102
Front Matter....Pages 103-103
Herd Behavior: Safety in Numbers....Pages 105-111
Short-termism: The Problem of Managerial Turnover....Pages 112-125
A Theory of Minsky Super-cycles and Financial Crises....Pages 126-142
Front Matter....Pages 143-143
Inside Debt and Economic Growth....Pages 145-161
Front Matter....Pages 163-163
A Monetary Policy Framework for Asset Price Bubbles....Pages 165-181
Monetary Policy and Central Banking after the Crisis: The Implications of Rethinking Macroeconomic Theory....Pages 182-200
The Political Economy of Financialization....Pages 201-213
Back Matter....Pages 214-234

✦ Subjects

Macroeconomics/Monetary Economics//Financial Economics; Economic Policy; Microeconomics; Finance, general

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