You Always Hurt the One You Love: Central Banks
You Always Hurt the One You Love: Central Banks and the Murder of Capitalism. Bernard Connolly
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ISBN: 9781911397410 | 528 pages | 14 Mb
- You Always Hurt the One You Love: Central Banks and the Murder of Capitalism
- Bernard Connolly
- Page: 528
- Format: pdf, ePub, fb2, mobi
- ISBN: 9781911397410
- Publisher: Unicorn Publishing Group
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It has become a commonplace to blame central banks for recurrent bubbles and financial crises, recessions, massive wealth inequality and widespread disenchantment with capitalism, and latterly for inflation. But this important new book argues that the enormous intellectual error of which central banks have been guilty sprang from the generation-long arrogance of the mainstream academic macroeconomics profession, which ignored interwar lessons and the crucial importance of intertemporal disequilibrium. The book shows why and how the intellectual error, most evident in the deliberations and actions of the US Federal Reserve from the mid-1990s onwards, set in train the global consequences which now threaten the continued existence of a capitalist society. In particular, it explains how central banks have needed the financial- sector misbehaviour they so piously castigate. While a key early figure in this Greek Tragedy was an ardent advocate of capitalism - Alan Greenspan, the revered former Federal Reserve Chairman - culpable hubris has underlain the whole structure of modern macroeconomic theory. Nemesis, the book shows, has followed ineluctably.
You Always Hurt the One You Love By Bernard Connolly
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You Always Hurt the One You Love by Bernard Connolly
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December 2020 Non-Fiction General Titles
You Always Hurt the One You Love: Central Banking and the Murder of Capitalism Bernard Connolly · It is now a commonplace argument that capitalism is under
Capitalism: Money, Morals and Markets - Everand
You Always Hurt the One You Love: Central Banks and the Murder of Capitalism So, like the bank robber Willie Sutton, who reputedly said he robbed banks
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You Always Hurt the One You Love: Central Banks and the Murder of Capitalism by ; Condition. New ; Quantity. 9 available ; Item number. 134864882820 ; Language.
You Always Hurt the One You Love Central
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Central Banks and the Murder of Capitalism (Hardcover)
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