BRenowned economist Andrew Smithers offers prescriptive advice and economic theory on avoiding the next financial crisis/b In The Road to Recovery, Andrew Smithers'one of a handful of respected economists to have accurately predicted the most recent global financial crisis'argues that the neoclassical consensus governing global economic decision-making must be revised in order to avoid the next financial collapse. He argues that the current low interest...

The recent financial crisis has highlighted the need for better valuation models and risk management procedures, better understanding of structured products, and has called into question the actions of many financial institutions. It has become commonplace to blame the inadequacy of credit risk models, claiming that the crisis was due to sophisticated and obscure products being traded, but practitioners have for a long time been aware of the dangers...

Politicians today in both Europe and the United States have succeeded in casting government spending as reckless wastefulness that has made the economy worse. In contrast, they have advanced a policy of draconian budget cuts--austerity--to solve the financial crisis. We are told that we have all lived beyond our means and now need to tighten our belts. This view conveniently forgets where all that debt came from. Not from an orgy of government spending,...

Set in the high-stakes world of Wall Street, Margin Call is an entangling thriller involving the key players at an investment firm during one perilous 24-hour period in the early stages of the 2008 financial crisis. When an entry-level analyst unlocks information that could prove to be the downfall of the firm, a roller-coaster ride ensues as decisions both financial and moral catapult the lives of all involved to the brink of disaster.

Inequality has always been with us. With the growth of capitalism across the globe, inequalities of income, wealth and power became increasingly extreme. Written by economist Douglas Dowd, this book shows that the present banking crisis is the result of the growth of inequality across the globe. The expansion of the financial sector has brought incredible riches to a select few, at the expense of the majority. Inequality was ignored, or described...

The central banks in the U.S., U.K., E.U., and Japan have rigged the game against the average saver and investor. Learn how to protect your hard-earned cash from disastrous monetary policies, and how to come out a winner in the irresponsible game of chicken they're playing with the global financial system.

'Gods at War' is an engaging 'must read' exploration of the modern takeover, explaining the subject by examining the deals and events in the last few years that have forever changed the world of mergers and acquisitions.

Two public health researchers prove that the recent economic crises around the world have had calamitous effects on people's health, citing increases in suicide rates, HIV transmissions, and heart disease during times of bad fiscal policy.