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The Next Financial Crisis and How to Save Capitalism - Financial Institutions, Reforms, and Policies in Muslim Countries (Hardback)
  • The Next Financial Crisis and How to Save Capitalism - Financial Institutions, Reforms, and Policies in Muslim Countries (Hardback)
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The Next Financial Crisis and How to Save Capitalism - Financial Institutions, Reforms, and Policies in Muslim Countries (Hardback)

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£64.99
Hardback 80 Pages / Published: 04/06/2015
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The financialization of the economy has brought a number of interrelated problems which have contributed to growing income and wealth inequality. Askari and Mirakhor assert that it is time to make a bold change by putting our financial house in order and on a better path, advocating for a fundamental reform of the financial system.

Publisher: Palgrave Macmillan
ISBN: 9781137546951
Number of pages: 80
Weight: 272 g
Dimensions: 216 x 140 x 10 mm


MEDIA REVIEWS

"This highly readable book is a welcome addition to the study of the causes and consequences of financial crises. The authors have advocated risk-sharing contracts for a number of years, and this, their latest contribution, is a very interesting and stimulating addition." - Vittorio Corbo, Professor of Economics, Pontificia Universidad Catolica de Chile, Senior Research Associate of the Centro de Estudios Publicos, Chile, and former President of the Central Bank of Chile

"A brilliant distillation of two lifetimes of learning and scholarship. Askari and Mirakhor have produced a cogent and comprehensive exposition on the causes and consequences of America's crisis-inducing economic problems - and the fundamental reforms necessary for resolving them." - Dariush Zahedi, Director, Berkeley Program on Entrepreneurship & Development in the Middle East, USA

"The Next Financial Crisis and How to Save Capitalism is a scathing indictment of today's 'financialization' process and how it impacts the distribution of income and economic growth. With brevity and clarity, Askari and Mirakhor skillfully blend the economic wisdom of the past, the need for contemporary institutional rearrangements and the criticality of moral behavior. They also provide light at the end of the tunnel - a rather unique set of intriguing recommendations which merit serious consideration." - Donald L. Losman, Professor, Elliott School, George Washington University, USA

"As the world is still trying to recover from one of the deepest financial crises of all time, Hossein Askari and Abbas Mirakhor present a very different approach to the subject. An essential book for anyone interested in the study of financial crises and how the world can avoid repeating the same mistakes." - Rodrigo Guimaraes, Founding Partner, Explorer Investments, Portugal

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