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Boombustology
The new, fully-updated edition of the respected guide to understanding financial extremes, evaluating investment opportunities, and identifying future bubbles Now in its second edition, Boombustology is an authoritative, up-to-date guide on the history of booms, busts, and financial cycles. Engaging...
| Clasificación: | Libro Electrónico |
|---|---|
| Autor principal: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Newark :
John Wiley & Sons, Incorporated,
2019.
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| Edición: | 2nd ed. |
| Temas: | |
| Acceso en línea: | Texto completo Texto completo |
Tabla de Contenidos:
- Cover; Title Page; Copyright; Contents; Foreword; Preface Is There A Bubble In Boom-Bust Books?; Acknowledgments; Introduction The Study of Financial Extremes: One-Armed Analysts, Secrets, and Mysteries; Secrets vs. Mysteries; Different Problems Necessitate Different Approaches; Uncovering a Mystery; Part I Five Lenses; Chapter 1 Microeconomic Perspectives: To Equilibrium or Not?; "Random Walks" and Accurate Prices: The Efficient Market Hypothesis; Unstable and Inefficient: The Theory of Reflexivity; Consolidating Two Factors of Detection
- Chapter 2 Macroeconomic Perspectives: The Impact of Debt, Deflation, and Mispriced Money on Asset MarketsThe Magnifying Power of Leverage; Collateral Rates and Debt Dynamics; Hyman Minsky's Financial Instability Hypothesis; Debt Deflation and Asset Prices; Quantitative Easing; The Austrian Business Cycle Theory; Integrating the Macro Lenses; Chapter 3 The Psychology Lens: Homo Economicus Meets Homo Sapiens; The Study of Irrationality Is Born; Heuristics Gone Wild: How Rules of Thumb Lead Us Astray; Our Flawed Brains: Other Cognitive Issues; The Certainty of Uncertainty
- Chapter 4 Political Foundations: Evaluating Property Rights, Price Mechanisms, and Political DistortionsCan Anyone Own Anything?; Venezuelan and Soviet Nationalization: Communism at Work; Prices: To Guide or Be Guided?; Political Distortions of Property and Price; Tariffs and Trade Wars; Chapter 5 Biological Frameworks: Epidemiology and Emergence; Revealing the Maturity of an Unsustainable Boom; How Micro Simplicity Drives Macro Complexity; Emergent Behavior in Human Swarms; The Blind Leading the Blind; Part II Historical Case Studies
- Chapter 6 Tulipomania: A Bubble in Seventeenth-Century HollandThe Uniqueness of Tulips; Fertile Soil for Bubble Formation; The Boombustology of Tulipomania; The Multilens Look; Chapter 7 The Great Depression: From Roaring Twenties to Yawning Thirties; Castles in the Sand; From Booming Twenties to Busted Thirties; The Boombustology of the Great Depression; The Multilens Look; Chapter 8 The Japanese Boom and Bust: A Credit-Fueled Bubble Economy; Japan(ese) as Different; An Overview of the Bubble Economy; The Boombustology of the Japanese Boom and Bust; The Multilens Look
- Chapter 9 The Asian Financial Crisis: The Mirage of a MiracleBoom Times in East Asia; Thailand Catches the Flu; The Boombustology of the Asian Financial Crisis; The Multilens Look; Chapter 10 The U.S. Housing Boom and Bust: The Homeowner's Society Creates the People's Panic; "Safe as Houses"; The Music Stops; The Boombustology of the U.S. Housing Boom and Bust; The Multilens Look; Chapter 11 China's Credit-Fueled Investment Boom; Tendencies toward Equilibrium; Leverage, Cheap Money, and Potential Deflation; Conspicuous Consumption and Overconfidence