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

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

Central Banks, Credit Bubbles and the Efficient Market Fallacy

BY George CoopeR



Publisher: Harriman House (September 1, 2008)





Review

"A well written book ... Cooper's most novel doctrine is that investors do not have to be irrational to generate bubbles." -- Financial Times "Financial Times"



Product 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.