After the Crash
By:Mason Gaffney
Published on 2009-11-16 by John Wiley & Sons
This book analyzes in a new way the causes of the current crash by showing how such events derive from real estate bubbles and their interactions with banks and other lenders. It explains the current crisis, but in the process, the author develops a general theory of capital (drawing on Wicksell) showing how excessive investing in durable capital of slow payback can destabilize and then freeze up a modern economy, which requires constant circulation and renewal of capital to function. Combining that analysis with observed cycles of land speculation, Gaffney shows how a \
This Book was ranked at 41 by Google Books for keyword economy.
Book ID of After the Crash's Books is lhZLxEQx01QC, Book which was written byMason Gaffneyhave ETAG "U9PGTmDiL5U"
Book which was published by John Wiley & Sons since 2009-11-16 have ISBNs, ISBN 13 Code is 9781444333077 and ISBN 10 Code is 1444333070
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Book which have "217 Pages" is Printed at BOOK under CategoryBusiness and Economics
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