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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Bibliographic Details
Main Author: Sinn, Hans-Werner
Language:English
Language and/or Writing System:
Translated from the German.
Published: Oxford : Oxford University Press, 2012.
Subjects:
Online Access:
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.