{"product_id":"understanding-financial-crises-2","title":"Understanding Financial Crises","description":"\u003cp\u003eIncorporating a broad range of economic approaches, \u003ci\u003eUnderstanding Financial Crises\u003c\/i\u003e explores the merits of various arguments and theories which have been used to explain the causes of financial crises. \u003c\/p\u003e\u003cp\u003eThe book explores eight of these different explanations: underconsumption, debt accumulation, financialization, income inequality\u003cb\u003e, \u003c\/b\u003efinancial fragility, tendency of rate of profit to fall, human behavior, and global imbalances. The introduction provides a brief overview of each argument along with a comparison of their relative merits. Each chapter then introduces one of the arguments, explores a historical case, and focuses on the insights that can be gleaned into the global crisis in 2007–2008. The book draws on insights from various schools of thought including post-Keynesian economics, Marxist economics, behavioral economics, neoclassical economics, and more, to provide a pluralist overview of the causes of economic crises in general and the Great Recession in particular.\u003c\/p\u003e\u003cp\u003eThis book marks a significant contribution to the literature on economic and financial crises, political economy and heterodox economics. It is well suited to academicians, practitioners, and financial analysts working within the relevant fields.\u003c\/p\u003e","brand":"Taylor \u0026 Francis Ltd","offers":[{"title":"Default Title","offer_id":54261345452376,"sku":"9780367480677","price":142.99,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0278\/1295\/4195\/files\/9780367480677_ab19629e-bef5-4b44-b6e7-d78999cd31ba.jpg?v=1777215634","url":"https:\/\/agendabookshop.com\/products\/understanding-financial-crises-2","provider":"Agenda Bookshop","version":"1.0","type":"link"}