Financial markets, money, and the real world

1. Keynes, you should be alive today! -- 2. Keynes's principle of effective demand -- 3. Uncertainty and reality in economic models -- 4. Investment : liquid real capital versus liquid assets -- 5. Why liquidity preference? -- 6. Financial markets, liquidity and fast exits -- 7. Planned investm...

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Bibliographic Details
Main Author: Davidson, Paul
Format: eBook
Language:English
Published: Cheltenham, U.K Edward Elgar c2002
Subjects:
Online Access:
Collection: Edward Elgar eBook Archive - Collection details see MPG.ReNa
Description
Summary:1. Keynes, you should be alive today! -- 2. Keynes's principle of effective demand -- 3. Uncertainty and reality in economic models -- 4. Investment : liquid real capital versus liquid assets -- 5. Why liquidity preference? -- 6. Financial markets, liquidity and fast exits -- 7. Planned investment, planned savings, liquidity and economic growth -- 8. Complicating the picture : money and international liquidity -- 9. Trade imbalances and international payments -- 10. International liquidity and exchange rate stability -- 11. If markets are efficient why has there been so much volatility in financial markets? -- 12. Exchange rates and the Tobin Tax -- 13. The plumbers' solution to destabilizing international capital flows -- 14. The architectural solution : reforming the world's money -- 15. The economy and the twenty-first century
Paul Davidson investigates why the 1990s was a decade of financial crises that almost precipitated a global market crash. He explores the reasons why the global economy still struggles with the aftermath of these crises and discusses the possibility that volatile financial markets in the future will have real impacts on whole industries and national economic systems
Physical Description:ix, 265 p ill
ISBN:9781843765585
184064740X
9781840647402
9781843764847