{"product_id":"origin-of-financial-crises-central-banks-credit-bubbles-and-the-efficient-market-fallacy-9781905641857","title":"Origin of Financial Crises Central Banks Credit Bubbles and the Efficient Market Fallacy","description":"\"The Origin of Financial Crises\" Provides a Compelling Analysis of the Forces Behind Today's Economic Crisis. in a Series of Disarmingly Simple Arguments George Cooper Challenges the Core Principles of Today's Economic Orthodoxy, Explaining Why Financial Markets Do Not Obey the Efficient Market Principles Described in Today's Economic Textbooks but Are Instead Inherently Unstable and Habitually Crisis Prone. the Author Describes the Evolution of Our Modern Monetary System, Explaining Along the Way How Financial Instability Emerged and Why This Instability Required the Development of Central Banking. Cooper Claims That Misguided Faith in the Power of Free Markets Has Led Some Central Banks to Neglect Their Core Role of Managing the Financial System and Instead Caused Them to Pursue Policies Which Promote a Series of Ever More Violent Boom-Bust Cycles.\"The Origin of Financial Crises\" Calls for a Radical Shift in Central Bank Strategy the Abandonment of Inflation Targeting and a Paradigm","brand":"Cooper G","offers":[{"title":"Default Title","offer_id":48588458295516,"sku":"216385","price":0.01,"currency_code":"ZAR","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0767\/5376\/4572\/files\/9781905641857_jacket_img.jpg?v=1774961415","url":"https:\/\/www.vanschaik.com\/products\/origin-of-financial-crises-central-banks-credit-bubbles-and-the-efficient-market-fallacy-9781905641857","provider":"Van Schaik","version":"1.0","type":"link"}