skip to content
Systemic fragility in the global economy Preview this item
ClosePreview this item
Checking...

Systemic fragility in the global economy

Author: Jack Rasmus
Publisher: Atlanta, GA : Clarity Press, Inc., [2016]
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
Just as contemporary economics failed to predict the 2008-09 crash, and over-estimated the subsequent brief recovery that followed, economists today are again failing to accurately forecast the slowing global economic growth, the growing fragility, and therefore rising instability in the global economy. This book offers a new approach to explaining why mainstream economic analyses have repeatedly failed and why  Read more...
Rating:

(not yet rated) 0 with reviews - Be the first.

Subjects
More like this

 

Find a copy online

Links to this item

Find a copy in the library

&AllPage.SpinnerRetrieving; Finding libraries that hold this item...

Details

Genre/Form: Electronic books
Additional Physical Format: Print version:
Rasmus, Jack.
Systemic fragility in the global economy.
Atlanta, GA : Clarity Press, Inc., [2016]
(DLC) 2015042105
(OCoLC)929863484
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Jack Rasmus
ISBN: 9780986076930 0986076937
OCLC Number: 929985459
Description: 1 online resource (490 pages)
Responsibility: by Jack Rasmus.

Abstract:

This book explains why mainstream economic analyses have repeatedly failed and why fiscal and monetary policies have been incapable of producing a sustained recovery. It clarifies how the price  Read more...

Reviews

Editorial reviews

Publisher Synopsis

forthcoming "[Jack Rasmus' book] offers the most pertinent analysis of the stagnation trap I have seen. There are many steps to the analysis but it boils down to his Theory of Systemic Fragility. ... Read more...

 
User-contributed reviews
Retrieving GoodReads reviews...
Retrieving DOGObooks reviews...

Tags

Be the first.
Confirm this request

You may have already requested this item. Please select Ok if you would like to proceed with this request anyway.

Linked Data


Primary Entity

<http://www.worldcat.org/oclc/929985459> # Systemic fragility in the global economy
    a schema:Book, schema:CreativeWork, schema:MediaObject ;
   library:oclcnum "929985459" ;
   library:placeOfPublication <http://id.loc.gov/vocabulary/countries/gau> ;
   schema:about <http://experiment.worldcat.org/entity/work/data/2801654598#Topic/stagnation_economics> ; # Stagnation (Economics)
   schema:about <http://experiment.worldcat.org/entity/work/data/2801654598#Topic/business_&_economics_industries_general> ; # BUSINESS & ECONOMICS / Industries / General
   schema:about <http://dewey.info/class/330.9/e23/> ;
   schema:about <http://experiment.worldcat.org/entity/work/data/2801654598#Topic/financial_crises> ; # Financial crises
   schema:about <http://experiment.worldcat.org/entity/work/data/2801654598#Topic/economic_policy> ; # Economic policy
   schema:about <http://experiment.worldcat.org/entity/work/data/2801654598#Topic/business_cycles> ; # Business cycles
   schema:about <http://experiment.worldcat.org/entity/work/data/2801654598#Topic/economic_development> ; # Economic development
   schema:author <http://experiment.worldcat.org/entity/work/data/2801654598#Person/rasmus_jack> ; # Jack Rasmus
   schema:bookFormat schema:EBook ;
   schema:datePublished "2016" ;
   schema:description "Just as contemporary economics failed to predict the 2008-09 crash, and over-estimated the subsequent brief recovery that followed, economists today are again failing to accurately forecast the slowing global economic growth, the growing fragility, and therefore rising instability in the global economy. This book offers a new approach to explaining why mainstream economic analyses have repeatedly failed and why fiscal and monetary policies have been incapable of producing a sustained recovery. Expanding upon the early contributions of Keynes, Minsky and others, it offers an alternative explanation why the global economy is slowing long term and becoming more unstable, why policies to date have largely failed, and why the next crisis may therefore prove even worse than that of 2008- 09. Systemic fragility is rooted in 9 key empirical trends: slowing real investment; a drift toward deflation; money, credit and liquidity explosion; rising levels of global debt; a shift to speculative financial investing; the restructuring of financial markets to reward capital incomes; the restricting of labor markets to lower wage incomes; the failure of Central Bank monetary policies; and the ineffectiveness of fiscal policies. It results from financial, consumer, and government balance sheet fragilities exacerbating each other -- creating a massive centripetal force disaggregating and tearing apart the whole, untameable by either fiscal or monetary means. This book clarifies how the price system in general, and financial asset prices in particular, transform into fundamentally destabilizing forces under conditions of systemic fragility. It explains why the global system has in recent decades become dependent upon, and even addicted to, massive liquidity injections, and how fiscal policies have been counterproductive, exacerbating fragility and instability. Policymakers’ failure to come to grips with how fundamental changes in the structure of the 21st century global capitalist economy—in particular in financial and labor market structures—make the global economy more systemically fragile can only propel it toward deeper instability and crises."@en ;
   schema:exampleOfWork <http://worldcat.org/entity/work/id/2801654598> ;
   schema:genre "Electronic books"@en ;
   schema:inLanguage "en" ;
   schema:isSimilarTo <http://www.worldcat.org/oclc/929863484> ;
   schema:name "Systemic fragility in the global economy"@en ;
   schema:productID "929985459" ;
   schema:url <http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=1168352> ;
   schema:url <http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=e020mna&AN=1168352> ;
   schema:url <https://library.aurora.edu/login?url=http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=1168352> ;
   schema:url <http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=e000xna&AN=1168352> ;
   schema:url <http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=1168352> ;
   schema:workExample <http://worldcat.org/isbn/9780986076930> ;
   wdrs:describedby <http://www.worldcat.org/title/-/oclc/929985459> ;
    .


Related Entities

<http://experiment.worldcat.org/entity/work/data/2801654598#Person/rasmus_jack> # Jack Rasmus
    a schema:Person ;
   schema:familyName "Rasmus" ;
   schema:givenName "Jack" ;
   schema:name "Jack Rasmus" ;
    .

<http://experiment.worldcat.org/entity/work/data/2801654598#Topic/business_&_economics_industries_general> # BUSINESS & ECONOMICS / Industries / General
    a schema:Intangible ;
   schema:name "BUSINESS & ECONOMICS / Industries / General"@en ;
    .

<http://experiment.worldcat.org/entity/work/data/2801654598#Topic/economic_development> # Economic development
    a schema:Intangible ;
   schema:name "Economic development"@en ;
    .

<http://experiment.worldcat.org/entity/work/data/2801654598#Topic/stagnation_economics> # Stagnation (Economics)
    a schema:Intangible ;
   schema:name "Stagnation (Economics)"@en ;
    .

<http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=e000xna&AN=1168352>
   rdfs:comment "from EBSCO Academic Collection" ;
   rdfs:comment "(Unlimited Concurrent Users)" ;
    .

<http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=e020mna&AN=1168352>
   rdfs:comment "from EBSCO Business Collection" ;
   rdfs:comment "(Unlimited Concurrent Users)" ;
    .

<http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=1168352>
   rdfs:comment "from EBSCO Business Collection" ;
   rdfs:comment "(Unlimited Concurrent Users)" ;
    .

<http://worldcat.org/isbn/9780986076930>
    a schema:ProductModel ;
   schema:isbn "0986076937" ;
   schema:isbn "9780986076930" ;
    .

<http://www.worldcat.org/oclc/929863484>
    a schema:CreativeWork ;
   rdfs:label "Systemic fragility in the global economy." ;
   schema:description "Print version:" ;
   schema:isSimilarTo <http://www.worldcat.org/oclc/929985459> ; # Systemic fragility in the global economy
    .

<https://library.aurora.edu/login?url=http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=1168352>
   rdfs:comment "Current AU students, faculty, and staff, click here for full text." ;
    .


Content-negotiable representations

Close Window

Please sign in to WorldCat 

Don't have an account? You can easily create a free account.