Casino capitalism [electronic resource] : how the financial crisis came about and what needs to be done now / Hans-Werner Sinn.
In Casino Capitalism Hans-Werner Sinn examines the causes of the banking crisis, points out the flaws in the economic rescue packages, and presents a master plan for the reform of financial markets. Sinn argues that the crisis came about because limited liability induced both Wall Street and Main St...
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Language: | English |
Language and/or Writing System: |
Translated from the German. |
Published: |
Oxford :
Oxford University Press,
2012.
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Variant Title: |
Casino Capitalism: How the Financial Crisis Came About and What Needs to Be Done Now |
Format: | Electronic eBook |
Contents:
- The world in crisis
- - Life on credit
- - Bank failures
- - Why Wall Street became a gambling casino
- - Main Street also gambled
- - Hot potatoes
- - Policy failure
- - The extent of the damage
- - Rescue attempts
- - Will the West retain its stability?
- - Ways to a better banking system.