1st Edition

Understanding Financial Crises

By Ensar Yılmaz Copyright 2021
246 Pages 47 B/W Illustrations
by Routledge

246 Pages 47 B/W Illustrations
by Routledge

246 Pages 47 B/W Illustrations
by Routledge

Incorporating a broad range of economic approaches, Understanding Financial Crises explores the merits of various arguments and theories which have been used to explain the causes of financial crises. The book explores eight of these different explanations: underconsumption, debt accumulation, financialization, income inequality , financial fragility, tendency of rate of profit to fall,... Read more

Introduction

(1) Underconsumption, Overproduction and Disproportionality

(2) Debt Accumulation

(3) Financialization and Neoliberalism

(4) Income Inequality

(5) Financial Instability Hypothesis

(6) Tendency of Rate of Profit to Fall

(7) Human Behavior

(8) Global Imbalances and Crises

Biography

Ensar Yılmaz is a professor at Yıldız Technical University, Istanbul, Turkey, where he teaches in the Department of Economics. He is the author of several articles in the subjects of macroeconomics, financial regulation, income distribution and game theory.