Animal spirits -- The crisis begins, intensifies, and abates -- The roots of crisis -- Stock prices and equity stimulus -- Finance and regulation -- Schooner intelligence and then some -- Uncertainty undermines investment -- Productivity: the ultimate measure of economic success -- Productivity and the age of entitlements -- Culture -- The onset of globalization, income inequality, and the rise of the gini -- Money and inflation -- Buffers -- The bottom line.
Summary:
Explains how the financial crisis has challenged fundamental assumptions about leading economic models, drawing on twenty-first-century technologies and the expertise of behavioral economists to outline new forecasting practices.
This resource is supported by the Institute of Museum and Library Services under the provisions of the Library Services and Technology Act as administered by State Library of Iowa.