000 01196nam a2200265 a 4500
008 020813s2008 enk 001 0 eng d
020 _a9781905641857
040 _aCBNCAT
050 _aHB3722
_b .C66 2008
082 _a332.5'42
_bCOO
100 1 _aCooper, George
245 1 0 _aThe origin of financial crises : central banks, credit bubbles and the efficient market fallacy:
_b /
260 _aPetersfield, Great Britain :
_bHarriman House,
_c2008.
300 _aviii, 200 p. ;
504 _aIncludes bibliographical references and index.
520 _aThe 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.
590 _alje 10/9/13
591 _aLoans
650 0 _aFinancial Crises.
650 _aEfficient market theory.
650 _aBanks and banking, Central.
650 _aMonetary policy.
942 _2ddc
_cBOOK
949 _a332.042 COO
999 _c199
_d199