Over the last several decades, the United States has undergone one of the most radical social and economic transformations in its history: Finance has become America's dominant industry, while manufacturing has nearly disappeared. The financial sector has become increasingly cri…
Over the last several decades, the United States has undergone one of the most radical social and economic transformations in its history: Finance has become America's dominant industry, while manufacturing has nearly disappeared. The financial sector has become increasingly cri…
"The current financial crisis has deep macroeconomic roots, but the dominant view of the firm has made the crisis deeper and more devastating. Over the past few decades, maximizing shareholder value has become the main objective of the firm. Chief executives have been keen on th…
"The current financial crisis has deep macroeconomic roots, but the dominant view of the firm has made the crisis deeper and more devastating. Over the past few decades, maximizing shareholder value has become the main objective of the firm. Chief executives have been keen on th…
Front page economics
"Covering events such as banking crises, economic bubbles, natural disasters, trade embargos, and depressions, this single-volume encyclopedia of major U.S. financial downturns provides readers with an event-driven understanding of the evolution of the American economy" Coverin…
In recent years, the world has been rocked by major economic crises, most notably the devastating collapse of Lehman Brothers, the largest bankruptcy in American history, which triggered the breathtakingly destructive sub-prime disaster. What sparks these vast economic calamitie…
In recent years, the world has been rocked by major economic crises, most notably the devastating collapse of Lehman Brothers, the largest bankruptcy in American history, which triggered the breathtakingly destructive sub-prime disaster. What sparks these vast economic calamitie…
In 2008 Ireland experienced one of the most dramatic economic crises of any economy in the world. It remains at the heart of the international crisis, sitting uneasily between the US and European economies. Not long ago, however, Ireland was celebrated as an example of successfu…
"In 2008 Ireland experienced one of the most dramatic economic crises of any economy in the world. It remains at the heart of the international crisis, sitting uneasily between the US and European economies. Not long ago, however, Ireland was celebrated as an example of successf…