Posts Tagged ‘ market equilibrium ’

Review of “The Origin of Financial Crises” by George Cooper

March 19, 2012
By
Review of “The Origin of Financial Crises” by George Cooper

The subtitle is “Central banks, credit bubbles and the efficient market fallacy”. Executive summary This is much too important of a book to remain as obscure as it is.  Besides, it is quite a fun read. It talks about two subjects: Why markets for goods and services tend toward equilibrium but financial markets do not. … Continue reading...

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