HomeThe Origin of Financial Crises: Central Banks Credit Bubbles and the Efficient Market Fallacy
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The Origin of Financial Crises: Central Banks Credit Bubbles and the Efficient Market Fallacy

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About this book

The Origin of Financial Crises provides a compelling analysis of the forces behind todays economic crisis. In a series of disarmingly simple arguments George Cooper challenges the core principles of todays economic orthodoxy explaining why financial markets do not obey the efficient market principles described in todays economic textbooks but are instead inherently unstable and habitually crisis prone.