San Antonio College Library

"The eminent economic historian Harold James presents a new perspective on financial crises, dividing them into "good" crises, which ultimately expand markets and globalization, and "bad" crises, which result in a smaller, less prosperous world. Examining seven turning points in financial history--from the depression of the 1840s through the Great Depression of the 1930s to the Covid-19 crisis--James shows how crashes prompted by a lack of supply,...

"The Asian crisis, which began in 1997, triggered ongoing controversy over an appropriate role for the International Monetary Fund in managing financial globalization in emerging markets. This book argues for a more political approach to this debate. It places the crisis, and subsequent debates about a new international financial architecture, in the context of the political economy of financial governance since Bretton Woods. It draws out the links...

We are living in the most reckless financial environment in recent history. Arcane credit derivative bets are now well into the tens of trillions. According to Charles R. Morris, the astronomical leverage at investment banks and their hedge fund and private equity clients virtually guarantees massive disruption in global markets. The crash, when it comes, will have no firebreaks. A quarter century of free-market zealotry that extolled asset stripping,...

In this film, RealChange director Sadhana Smiles describes approaches that allow businesses to improve profitability, especial during a market downturn. She stresses that a business must regularly review its financial position and face reality, and how to respond to that reality.

"This volume, the result of an April 1999 conference organized by the Chung-Hua Institution for Economic Research and the Brookings Institution, examines the sources and lessons of the Asian financial crisis. Experts from both sides of the Pacific have drawn valuable policy lessons from the failures and successes of four key economies in the region: Indonesia, South Korea, Thailand, and Taiwan." "This work provides much-needed new understanding and...

Who cares about the suffering--existential, financial, or other--of those who blindly mismanaged our monies into this ever-expanding, nay, verily bottomless pit of debt? No one, but this film may help viewers understand A) the birth of current financial woes, and B) what it might have been like, in those first few hours within the confines of an early investment trading firm casualty. Fueled by a mass layoff, a thumb drive, and a rocket-scientist-cum-analyst...

In the fall of 2008, the United States was plunged into a financial crisis more severe than any since the Great Depression. As banks collapsed and the state scrambled to organize one of the largest transfers of wealth in history, manyincluding economists and financial expertswere shocked by the speed at which events unfolded. In this new book, John Bellamy Foster and Fred Magdoff offer a bold analysis of the financial meltdown, how it developed, and...

Why Is The Boom-And-Bust Cycle So Persistent? Why did economists fail to predict the economic meltdown that began in 2007--or to pull us out of the crisis more quickly? And how can we prevent future calamities? Mainstream economics has no adequate answers for these pressing questions. To understand how we got here, and how we can ensure prosperity, we must turn to an alternative to the dominant approach: the Austrian School of economics. Veiyser...

"Analyzes the efficacy of attempts to recover from past crises and their lessons for the future, assesses the current state of international financial markets and examines policy options for reducing systemic vulnerability, and addresses pension system reform"--Provided by publisher.

Actions taken by the United States and other countries during the Great Recession focused on restoring the viability of major financial institutions while guaranteeing debt and stimulating growth. Once the markets stabilized, the United States enacted regulatory reforms that ultimately left basic economic structures unchanged. At the same time, the political class pursued austerity measures to curb the growing national debt. Drawing on the economic...