1.

Record Nr.

UNINA9910165043003321

Autore

Jefferis Chris.

Titolo

The dialectics of liquidity crisis : an interpretation of explanations of the financial crisis of 2007-08 / / Chris Jefferis

Pubbl/distr/stampa

London ; ; New York, N.Y. : , : Routledge, , 2017

ISBN

1-315-72614-9

1-317-53609-6

Edizione

[1st ed.]

Descrizione fisica

1 online resource (149 pages)

Collana

Routledge Advances in International Political Economy

Disciplina

330.9/0511

338.54201

Soggetti

Global Financial Crisis, 2008-2009

Liquidity (Economics)

Financial crises

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

1. Introduction : historicizing economic theories of financial crisis -- 2. Minsky in context : a critique of "liquidity crisis" as an explanatory concept -- 3. Minsky contrary to monetarism -- 4. Liquidity and abstraction -- 5. Arbitrage as a historical structure shaping the US financial system -- 6. Sociological interlude : calculation or commensuration? -- 7. Recent financial instability in the US mortgage market : the three phases of risk -- 8. Economics, regulation and capital : an assessment of some proposed reforms -- 9. Conclusion.