Crisis Economics

Crisis Economics
Author :
Publisher : Penguin
Total Pages : 340
Release :
ISBN-10 : 9781101427422
ISBN-13 : 1101427426
Rating : 4/5 (426 Downloads)

Book Synopsis Crisis Economics by : Nouriel Roubini

Download or read book Crisis Economics written by Nouriel Roubini and published by Penguin. This book was released on 2010-05-11 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: This myth shattering book reveals the methods Nouriel Roubini used to foretell the current crisis before other economists saw it coming and shows how those methods can help us make sense of the present and prepare for the future. Renowned economist Nouriel Roubini electrified his profession and the larger financial community by predicting the current crisis well in advance of anyone else. Unlike most in his profession who treat economic disasters as freakish once-in-­a-lifetime events without clear cause, Roubini, after decades of careful research around the world, realized that they were both probable and predictable. Armed with an unconventional blend of historical analysis and global economics, Roubini has forced politicians, policy makers, investors, and market watchers to face a long-neglected truth: financial systems are inherently fragile and prone to collapse. Drawing on the parallels from many countries and centuries, Nouriel Roubini and Stephen Mihm, a professor of economic history and a New York Times Magazine writer, show that financial cataclysms are as old and as ubiquitous as capitalism itself. The last two decades alone have witnessed comparable crises in countries as diverse as Mexico, Thailand, Brazil, Pakistan, and Argentina. All of these crises-not to mention the more sweeping cataclysms such as the Great Depression-have much in common with the current downturn. Bringing lessons of earlier episodes to bear on our present predicament, Roubini and Mihm show how we can recognize and grapple with the inherent instability of the global financial system, understand its pressure points, learn from previous episodes of "irrational exuberance," pinpoint the course of global contagion, and plan for our immediate future. Perhaps most important, the authors-considering theories, statistics, and mathematical models with the skepticism that recent history warrants—explain how the world's economy can get out of the mess we're in, and stay out. In Roubini's shadow, economists and investors are increasingly realizing that they can no longer afford to consider crises the black swans of financial history. A vital and timeless book, Crisis Economics proves calamities to be not only predictable but also preventable and, with the right medicine, curable.


Crisis Economics Related Books

Crisis Economics
Language: en
Pages: 340
Authors: Nouriel Roubini
Categories: Business & Economics
Type: BOOK - Published: 2010-05-11 - Publisher: Penguin

DOWNLOAD EBOOK

This myth shattering book reveals the methods Nouriel Roubini used to foretell the current crisis before other economists saw it coming and shows how those meth
Economic Crises and the Breakdown of Authoritarian Regimes
Language: en
Pages: 345
Authors: Thomas B. Pepinsky
Categories: Political Science
Type: BOOK - Published: 2009-08-17 - Publisher: Cambridge University Press

DOWNLOAD EBOOK

Why do some authoritarian regimes topple during financial crises, while others steer through financial crises relatively unscathed? In this book, Thomas B. Pepi
Financial Crises
Language: en
Pages: 754
Authors: Mr.Stijn Claessens
Categories: Business & Economics
Type: BOOK - Published: 2014-02-19 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

The lingering effects of the economic crisis are still visible—this shows a clear need to improve our understanding of financial crises. This book surveys a w
The Financial Crisis Inquiry Report
Language: en
Pages: 692
Authors: Financial Crisis Inquiry Commission
Categories: Political Science
Type: BOOK - Published: 2011-05-01 - Publisher: Cosimo, Inc.

DOWNLOAD EBOOK

The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government repo
Misunderstanding Financial Crises
Language: en
Pages: 296
Authors: Gary B. Gorton
Categories: Business & Economics
Type: BOOK - Published: 2012-11-02 - Publisher: Oxford University Press

DOWNLOAD EBOOK

Before 2007, economists thought that financial crises would never happen again in the United States, that such upheavals were a thing of the past. Gary B. Gorto