This Time Is Different


Book Description

An empirical investigation of financial crises during the last 800 years.




Crisis


Book Description

We are living in a time of crisis which has cascaded through society. Financial crisis has led to an economic crisis of recession and unemployment; an ensuing fiscal crisis over government deficits and austerity has led to a political crisis which threatens to become a democratic crisis. Borne unevenly, the effects of the crisis are exacerbating class and gender inequalities. Rival interpretations – a focus on ‘austerity’ and reduction in welfare spending versus a focus on ‘financial crisis’ and democratic regulation of finance – are used to justify radically diverse policies for the distribution of resources and strategies for economic growth, and contested gender relations lie at the heart of these debates. The future consequences of the crisis depend upon whether there is a deepening of democratic institutions, including in the European Union. Sylvia Walby offers an alternative framework within which to theorize crisis, drawing on complexity science and situating this within the wider field of study of risk, disaster and catastrophe. In doing so, she offers a critique and revision of the social science needed to understand the crisis.




The Crisis of Our Time


Book Description

Dr. John Carvalho, former Harvard academician and winner of the United States National Research Service Award, is no stranger to the word crisis. As a scientist, scholar and statesman he has spent decades working on the front lines of biomedical and theoretical exploration, global health, and the worldwide, human rights movement. The Crisis of Our Time is the astonishing, partial memoir and discourse regarding his lifes career and philosophy concerning the planets most pressing problems. Written in a way accessible to everyone, Carvalho, beginning with his passionate, poetic, and provocative first chapter, challenges us to discover that the disastrous, external crises of our lives emanate from the unity of our conscious and subconscious experiences. Indeed, the great troubles afflicting humanitywar, infectious disease, economic recession, terrorism, family discord, psychological trauma, human rights violationsdilemmas that appear unsolvable, actually originate whenwithout truthful self-reflectionwe glorify mediocrity rather than strive to excel. Employing cutting-edge, scientific information; keen, historical insight; extensive, cultural experience; and profound, philosophical analysis; Carvalho dissects our crises to elucidate why they perpetuate. In so doing, he introduces his theory of causal circular systems to reveal how causes feed off and exacerbate effects, which, in turn, reinforce those same causes. Furthering his views, he explores global health, the example par excellence, as well as economics, political history, planetary climate change, and the most central crisis of allBeing or Nothingnessthe fears of the Selfthe dread of our mortality. Ultimately, this short but eye-opening book creates epic meaning while using an artistic, literary style that is virtually unseen in nonfiction. Anyone who genuinely seeks excellence over mediocrity, truth over falsity, meaning over purposelessness, and resolution over despair should read Crisis.




Money and Finance After the Crisis


Book Description

Money and Finance After the Crisis provides a critical multi-disciplinary perspective on the post-crisis financial world in all its complexity, dynamism and unpredictability. Contributions illuminate the diversity of ways in which money and finance continue to shape global political economy and society. A multidisciplinary collection of essays that study the geographies of money and finance that have unfolded in the wake of the financial crisis Contributions discuss a wide range of contemporary social formations, including the complexities of modern debt-driven financial markets Chapters critically explore proliferating forms and spaces of financial power, from the realms of orthodox finance capital to biodiversity conservation Contributions demonstrate the centrality of money and finance to contemporary capitalism and its political and cultural economies




The Enigma of Capital


Book Description

Covers the basic workings of capitalism, how it came to dominate the world, and why it resulted in a financial crisis in 2008, arguing that a radical overhaul of the economic system is the only way to create a sustainable future.




Contention in Times of Crisis


Book Description

Documents the waves of protest that spread across Europe in the wake of the Great Recession.




Crashed


Book Description

WINNER OF THE LIONEL GELBER PRIZE A NEW YORK TIMES NOTABLE BOOK OF 2018 ONE OF THE ECONOMIST'S BOOKS OF THE YEAR A NEW YORK TIMES CRITICS' TOP BOOK "An intelligent explanation of the mechanisms that produced the crisis and the response to it...One of the great strengths of Tooze's book is to demonstrate the deeply intertwined nature of the European and American financial systems."--The New York Times Book Review From the prizewinning economic historian and author of Shutdown and The Deluge, an eye-opening reinterpretation of the 2008 economic crisis (and its ten-year aftermath) as a global event that directly led to the shockwaves being felt around the world today. We live in a world where dramatic shifts in the domestic and global economy command the headlines, from rollbacks in US banking regulations to tariffs that may ignite international trade wars. But current events have deep roots, and the key to navigating today’s roiling policies lies in the events that started it all—the 2008 economic crisis and its aftermath. Despite initial attempts to downplay the crisis as a local incident, what happened on Wall Street beginning in 2008 was, in fact, a dramatic caesura of global significance that spiraled around the world, from the financial markets of the UK and Europe to the factories and dockyards of Asia, the Middle East, and Latin America, forcing a rearrangement of global governance. With a historian’s eye for detail, connection, and consequence, Adam Tooze brings the story right up to today’s negotiations, actions, and threats—a much-needed perspective on a global catastrophe and its long-term consequences.




The Endless Crisis


Book Description

The days of boom and bubble are over, and the time has come to understand the long-term economic reality. Although the Great Recession officially ended in June 2009, hopes for a new phase of rapid economic expansion were quickly dashed. Instead, growth has been slow, unemployment has remained high, wages and benefits have seen little improvement, poverty has increased, and the trend toward more inequality of incomes and wealth has continued. It appears that the Great Recession has given way to a period of long-term anemic growth, which Foster and McChesney aptly term the Great Stagnation. This incisive and timely book traces the origins of economic stagnation and explains what it means for a clear understanding of our current situation. The authors point out that increasing monopolization of the economy—when a handful of large firms dominate one or several industries—leads to an over-abundance of capital and too few profitable investment opportunities, with economic stagnation as the result. Absent powerful stimuli to investment, such as historic innovations like the automobile or major government spending, modern capitalist economies have become increasingly dependent on the financial sector to realize profits. And while financialization may have provided a temporary respite from stagnation, it is a solution that cannot last indefinitely, as instability in financial markets over the last half-decade has made clear.




Not this Time


Book Description

Beth's leeriness of her business partner Sara's husband causes strain in their friendship, and, meanwhile, a terrorist act is carried out on their small village, and someone Beth knows is linked to the attack.




The Social Crisis of Our Time


Book Description