Fault Lines How Hidden Fractures Still Threaten the World Economy

Name: Fault Lines How Hidden Fractures Still Threaten the World Economy
Price: 3.52 USD
Availability: InStock
ISBN: 9780691152639

ISBN-10: 0691152632

ISBN-13: 9780691152639

Edition: 2011 (Revised)

Authors: Raghuram G. Rajan

List price: $14.99

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Description:

Raghuram Rajan was one of the few economists who warned of the global financial crisis before it hit. Now, as the world struggles to recover, it's tempting to blame what happened on just a few greedy bankers who took irrational risks and left the rest of us to foot the bill. InFault Lines, Rajan argues that serious flaws in the economy are also to blame, and warns that a potentially more devastating crisis awaits us if they aren't fixed.Rajan shows how the individual choices that collectively brought about the economic meltdown--made by bankers, government officials, and ordinary homeowners--were rational responses to a flawed global financial order in which the incentives to take on risk…

Book details

List price: $14.99
Copyright year: 2011
Publisher: Princeton University Press
Publication date: 8/26/2011
Binding: Paperback
Pages: 288
Size: 5.51" wide x 8.50" long x 0.63" tall
Weight: 0.594
Language: English

Raghuram Rajan received his Ph.D. from MIT and has taught at Northwestern University's Kellogg School of Management and MIT in addition to the University of Chicago. He is a director of the American Finance Association and has consulted to a number of institutions, including the World Bank and the Fed.



Acknowledgments


Introduction



Let Them Eat Credit



Exporting to Grow



Flighty Foreign Financing



A Weak Safety Net



From Bubble to Bubble



When Money Is the Measure of All Worth



Betting the Bank



Reforming Finance



Improving Access to Opportunity in America



The Fable of the Bees Replayed


Epilogue


Afterword to the Paperback Edition


Notes


Index