TY - BOOK AU - Cooper,George TI - The origin of financial crises : central banks, credit bubbles and the efficient market fallacy SN - 9781905641857 AV - HB3722 .C66 2008 U1 - 332.5'42 PY - 2008/// CY - Petersfield, Great Britain PB - Harriman House KW - Financial Crises KW - Efficient market theory KW - Banks and banking, Central KW - Monetary policy N1 - Includes bibliographical references and index N2 - The book provides concise descriptions of the role of central banking. The author distinguishes among the philosophies of different central bankers, such as between the Federal Reserve and the European Central Bank. According to him financial systems do not behave according to the laws of the efficient market hypothesis but they are inherently unstable with no steady state equilibrium ER -