TY  - BOOK
AU  - Roubini,Nouriel
AU  - Mihm, Stephen
TI  - Crisis economics
SN  - 9781846143571
U1  - 338.542 
PY  - 2010///
CY  - London
PB  - Allen Lane
KW  - Business cycles
KW  - Economics
KW  - Financial crises
N1  - Drawing on the parallels from many countries and centuries, Nouriel Roubini and Stephen Mihm, a professor of economic history and a New York Times Magazine writer, show that financial cataclysms are as old and as ubiquitous as capitalism itself. The last two decades alone have witnessed comparable crises in countries as diverse as Mexico, Thailand, Brazil, Pakistan, and Argentina. All of these crises-not to mention the more sweeping cataclysms such as the Great Depression-have much in common with the current downturn. Bringing lessons of earlier episodes to bear on our present predicament, Roubini and Mihm show how we can recognize and grapple with the inherent instability of the global financial system, understand its pressure points, learn from previous episodes of irrational exuberance, pinpoint the course of global contagion, and plan for our immediate future
ER  -