Can We Avoid Another Financial Crisis? (Future of Capitalism) (Paperback)

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Description


The Great Financial Crash had cataclysmic effects on the global economy, and took conventional economists completely by surprise. Many leading commentators declared shortly before the crisis that the magical recipe for eternal stability had been found. Less than a year later, the biggest economic crisis since the Great Depression erupted.

In this explosive book, Steve Keen, one of the very few economists who anticipated the crash, shows why the self-declared experts were wrong and how ever-rising levels of private debt make another financial crisis almost inevitable unless politicians tackle the real dynamics causing financial instability. He also identifies the economies that have become 'The Walking Dead of Debt', and those that are next in line - including Australia, Belgium, China, Canada and South Korea.

A major intervention by a fearlessly iconoclastic figure, this book is essential reading for anyone who wants to understand the true nature of the global economic system.

About the Author


Steve Keen is Professor of Economics and Head of the School of Economics, Politics and History at Kingston University.
Product Details
ISBN: 9781509513734
ISBN-10: 1509513736
Publisher: Polity Press
Publication Date: May 1st, 2017
Pages: 140
Language: English
Series: Future of Capitalism