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The Origin of Financial Crises: Central Banks, Credit Bubbles, and the Efficient Market Fallacy

The Origin of Financial Crises: Central Banks, Credit Bubbles, and the Efficient Market Fallacy

Book by George Cooper
4.1/5 · Goodreads
In a series of disarmingly simple arguments financial market analyst George Cooper challenges the core principles of today's economic orthodoxy and explains how we have created an economy that is inherently unstable and crisis prone. ... Google Books
Originally published: 2008
Rating (166) · 30-day returns
The Efficient Market Hypothesis has no room for asset price bubbles or busts; under this theory the wild asset price swings commonly referred to as bubbles are ...
Rating (166) · 30-day returns
The basic hypothesis is that the markets for financial assets are not the same as the markets for goods and other services, where the efficient market paradigms ...
Sep 8, 2017 · The reason central banks do not target asset prices is that they erroneously believe the fallacy of the efficient market hypothesis (EMH), ...
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Rating (563)
This easy to read short book drives home the point that the efficient market hypothesis is a fallacy. When it comes to determining asset prices, instability is ...
This book has been written, in response to the current credit crisis, to explain why the global economy, and the US economy in particular, finds itself caught ...
Nov 21, 2012 · As the subtitle reveals, the book presents a demolition of the “efficient market hypothesis”, a staple of classical economics which asserts that ...
Nov 14, 2017 · How to stimulate the economy by credit creation without causing financial instability is the main thrust of this book.
$16.00
In a series of disarmingly simple arguments financial market analyst George Cooper challenges the core principles of today's economic orthodoxy and explains how ...
Dec 15, 2023 · The Origin of Financial Crises: Central Banks, Credit Bubbles and the Efficient Market Fallacy - by George Cooper.
In a series of disarmingly simple arguments George Cooper challenges the core principles of today's economic orthodoxy, explaining why financial markets do not ...