Economie

What is the relationship between the financial system and politics? In a democratic system, what kind of control should elected governments have over the financial markets? What policies should be implemented to regulate them? What is the role played by different elites - financial, technocratic, and political - in the operation and regulation of the financial system? And what role should citizens, investors, and savers play? These are some of the questions addressed in this challenging analysis of the particular features of the contemporary capitalist economy in Britain, the USA, and Western Europe. The authors argue that the causes of the financial crisis lay in the bricolage and innovation in financial markets, resulting in long chains and circuits of transactions and instruments that enabled bankers to earn fees, but which did not sufficiently take into account system risk, uncertainty, and unintended consequences. In the wake of the crisis, the authors argue that social scientists, governments, and citizens need to re-engage with the political dimensions of financial markets. This book offers a controversial and accessible exploration of the disorders of our financial capitalism and its justifications. With an innovative emphasis on the economically 'undisclosed' and the political 'mystifying', it combines technical understanding of finance, cultural analysis, and al political account of interests and institutions.

America's economic future is uncertain. Mired in a long, crippling economic slump and hamstrung by bitter partisan debate over the growing debt and the role of government, the nation faces substantial challenges. Prominent Stanford University economist John B. Taylor brings his steady voice of reason to the discussion with a natural solution: start with the country's founding principles of economic and political freedom--limited government, rule of law, strong incentives, reliance on markets, a predictable policy framework--and reconstruct its economic foundation from these proven principles. Channeling his high-level experience as both a policymaker and a researcher, Taylor shows that when we embrace these first principles, the economy prospers. When we abandon them, the economy falters. In a masterful sweep through history, he identifies the key policymakers who stuck to, ignored, or compromised on these principles, drawing lessons from the mistakes and successes of each administration from JFK's to Obama's, as well as from the policies of Arthur Burns, Paul Volcker, Alan Greenspan, and Ben Bernanke, who ran the Federal Reserve during these periods. Neither Democrats nor Republicans wholly own these mistakes and successes. Taylor then zeroes in on current policy issues, applying the first principles. He lays out in simple terms bold strategies to defuse the debt explosion, to reform the Fed so it once again follows rules that work, to reform regulations and put an end to crony capitalism and scattershot bailouts, to transform existing entitlements and improve people's lives, and to rebuild America's global economic leadership.

Samuel Brittan has been one of the Financial Times' leading columnists for nearly thirty years. He has also advised numerous Chancellors of the Exchequer on economic policy. Against the Flow collects the most important of these writings from the last three decades. Brittan has established a reputation for elegance of expression, trenchant analysis and tremendous range of reference. All three qualities are powerfully apparent in this collection, as he ranges over the arms trade and US military (which he opposes); the expansion of free markets and a basic income for all (which he supports), as wall as the war on terror, The book also includes his pungent portraits of some heroes and villans, including Keynes, Milton Friedman & Taken together the pieces in Against the Flow amount to a robust defence of classic liberalism.

"Bedrijven die niet bijdragen aan een betere wereld hebben geen bestaansrecht. Ze moeten zich op het goede richten, de wereld beter maken, het geld komt dan vanzelf. Na de door hebzucht en overmoed gekenmerkte crisis van 2008 wordt deze boodschap van de nieuwe CEO van Unilever met gejuich ontvangen. Onverbiddelijk en onvermoeibaar legt Paul Polman uit: multinationals als Unilever spelen een hoofdrol in het uitbannen van armoede en het aanpakken van het klimaatprobleem. Dit is het grote gevecht om de ziel van het kapitalisme. Maar de moedige pionier loopt zo ver voor de troepen uit dat ?zijn? duurzame Unilever in 2017 dreigt te worden opgeslokt door concurrent Kraft-Heinz. Na deze ?bijna-doodervaring? gaat Polman op zoek naar een veilige haven voor zijn experiment. Door dagkoersen geregeerde Britse aandeelhouders en Nederlandse politici versperren de slecht luisterende ?CEO-priester? de weg. Zijn poging om er eindelijk echt één bedrijf van te maken met één hoofdkantoor in Nederland, mislukt op dramatische wijze. 0In 'Het drama Ahold' (2004) en 'De Prooi' (2008) reconstrueerde Jeroen Smit hoe falend leiderschap, opgejaagd door op snelle winst gerichte aandeelhouders, veel waarde vernietigde. De wereld snakt naar een bedrijfsleven dat zich over de grote vraagstukken van deze tijd ontfermt. In 'Het Grote Gevecht' laat Smit zien dat we daarvoor allemaal, als consumenten, werknemers en vooral ook als beleggers, een grote draai moeten maken.

Stanley Fischer served as First Deputy Managing Director of the International Monetary Fund from 1994 to 2001. IMF Essays from a Time of Crisis collects sixteen essays written for the most part during his time at the IMF, each updated with Fischer's later reflections on the issues raised. The IMF drew much criticism for some of its actions during Fischer's tenure, and he vigorously defends the "battlefield medicine" practiced by the IMF during a series of economic crises, which included the problems of economic transition in the former Soviet bloc and the Asian financial crisis. Fischer addresses the subsequent calls for reform of the international financial system and makes the case for the IMF as an international lender of last resort.

The first section of essays, "The Role of the IMF and the Reform of the International Financial System," considers the IMF's role in the international financial system in light of the crises of the 1990s. The second section, "Macroeconomic Policy, Stabilization, and Transition," examines such topics as exchange rate regimes, inflation, and Eastern Europe's relation to the European Union. The final section, "Poverty and Development," reflects Fischer's basic belief that economic policies should explicitly target poverty reduction. These engaging and accessible essays will appeal not only to economics students, economists, and policymakers but also to the general reader interested in the international monetary system.

Once upon a time, students who were willing and able to work hard could obtain an affordable, high-quality education at a public university. Those times are gone. Intensified admissions competition coupled with opposition to public spending has scorched every campus. Budget cuts, tuition hikes, and debt burdens are undermining the best path to upward mobility that this country ever built.

But despite all of this, Americans still embrace ideals of equal opportunity and know that higher education represents a public good. Students, faculty, staff, and advocates are beginning to build political coalitions and develop new strategies to improve access, enhance quality, and simplify financial aid. This book celebrates and will fortify their efforts.

In Saving State U, economist Nancy Folbre brings the national debates of education experts down to the level of trying to teach--and trying to learn--at major state universities whose budgets have repeatedly been slashed, restored, and then slashed again. Here is a brilliant firsthand account of the stakes involved, the politics, and the key debates raging through public campuses today. In a passionate, accessible voice, Folbre also offers a sobering vision of the many possible futures of public higher education and their links to the fate of our democracy while looking at the practical ways in which change is now possible.

Over bezuinigingen is veel geschreven, over het bedrijfsleven nog meer en over de bankensector misschien wel het meest. Maar boeken over de financin van heel Nederland zijn er nauwelijks. Uit evenwicht In Een rijk land moet rijk leven laat Martin ten Cate zien dat Nederland de langdurige economische crisis vooral aan zichzelf te wijten heeft. We houden met elkaar niet alleen de financile onevenwichtigheden in stand, maar vergroten die zelfs. Met onze enorme spaardrift en het daarmee samenhangende enorme, structurele overschot op de lopende rekening van de betalingsbalans brengen we onszelf eerder schade toe dan dat we onze problemen oplossen. Als particulier of als bedrijf kan je sparen, maar als samenleving is dat onmogelijk. De financin blijken in Nederland wezenlijk anders te zijn gestructureerd dan bij onze Europese partners. Financin Een rijk land moet rijk leven is bestemd voor genteresseerden in economie en het debat rondom onze nationale economie. Ten Cate belicht verschillende themas binnen de financin, zoals het Nederlandse pensioenstelsel en de huizenmarkt. Ook heeft het boek oog voor de financin op Europees niveau. Willen we meer of minder Europa? En hoe zit het met financile solidariteit binnen de Europese Unie? Ten Cate hoop met deze bijdrage een breed nationaal debat over het spaaroverschot in Nederland op gang te brengen. Het boek besluit met een aantal stevige conclusies en grensverleggende aanbevelingen. In de pers Ten Cate was op 4 maart te gast bij Henk Steenhuis in het programma Achter het boek op Amsterdam FM. Luister het gesprek hier terug.

From the brightest minds in the field—a revealing look at how countries use their currencies to achieve prosperity . . . and the coming repercussions

Bloomberg Television's Sara Eisen sheds light on the complex global financial system through this illuminating collection of essays. She hand selected the crème de la crème of authors from the world's most prestigious academic institutions and esteemed professional organizations to share--for the first time in print-- their observations and deductions on the topics that matter most to you and your future wealth, including:

THE RELATIONSHIP BETWEEN CURRENCIES AND FINANCIAL CRISES
THE FLAWS WITHIN THE INTERNATIONAL EXCHANGE RATE SYSTEM AND THEIR CONSEQUENCES
HOW EMERGING MARKETS FIT INTO THE CURRENT AND FUTURE EXCHANGE RATE FRAMEWORK
THE IMPACT EXCHANGE RATES HAVE ON FREE TRADE AND ECONOMIC GROWTH
WHAT DEFINES A "SAFE HAVEN" CURRENCY AND ITS ROLE
POTENTIAL SOLUTIONS TO THE CURRENT ECONOMIC PROBLEMS

"Today's fiat currency system is based upon trust among market participants, politicians, and central bankers--and that trust is assembled around the reserve currency that enjoys an exorbitant privilege. The reserve status is in doubt in a post financial crisis era but alternatives are lacking. . . . This book is a great guide on how the global currency system is morphing into a potential new standard, but not without the necessary volatility." -- Ben Emons, Senior Vice President, Portfolio Manager, PIMCO

In 2011, the International Monetary Fund invited prominent economists and economic policy makers to consider the brave new world of the post-crisis global economy. The result is a book that captures the state of macroeconomic thinking at a transformational moment. The crisis and the weak recovery that has followed raise fundamental questions concerning macroeconomics and economic policy. For instance, to what extent are financial markets efficient and self-correcting? How crucial is low and stable inflation for growth and the real stability of the economy? How strong is the case for open capital markets? Too often, the standard models provided insufficient guidance on how to respond to the unprecedented situations created by the crisis. As a result, policy makers have been forced to improvise. What to do when interest rates reach the zero floor? How best to provide liquidity to segmented financial institutions and markets? How much to use fiscal policy starting from high levels of debt? These top economists discuss future directions for monetary policy, fiscal policy, financial regulation, capital account management, growth strategies, and the international monetary system, and the economic models that should underpin thinking about critical policy choices. Among the new realities they consider are the swing of the pendulum toward regulation; the need for new theoretical approaches, incorporating advances in agency theory, behavioral economics, and understanding of credit markets and finance based on theories of imperfect information; and the importance for macroeconomic policy to target not just inflation but also output and financial stability. This title is copublished with The MIT Press. For more information, please visit www.mitpress.mit.edu.

In the past fifteen years, inflation has been conquered by many advanced countries. History reveals, however, that it has been conquered before and returned. In The Conquest of American Inflation, Thomas J. Sargent presents a groundbreaking analysis of the rise and fall of U.S. inflation after 1960. He examines two broad explanations for the behavior of inflation and unemployment in this period: the natural-rate hypothesis joined to the Lucas critique and a more traditional econometric policy evaluation modified to include adaptive expectations and learning. His purpose is not only to determine which is the better account, but also to codify for the benefit of the next generation the economic forces that cause inflation.

Sargent begins with an explanation of how American policymakers increased inflation in the early 1960s by following erroneous assumptions about the exploitability of the Phillips curve--the inverse relationship between inflation and unemployment. In subsequent chapters, he connects a sequence of ideas--self-confirming equilibria, least-squares and other adaptive or recursive learning algorithms, convergence of least-squares learners with self-confirming equilibria, and recurrent dynamics along escape routes from self-confirming equilibria. Sargent synthesizes results from macroeconomics, game theory, control theory, and other fields to extend both adaptive expectations and rational expectations theory, and he compellingly describes postwar inflation in terms of drifting coefficients. He interprets his results in favor of adaptive expectations as the relevant mechanism affecting inflation policy.

Providing an original methodological link between theoretical and policy economics, this book will engender much debate and become an indispensable text for academics, graduate students, and professional economists.

This bestselling and hilarious book blew the doors off Wall Street's boardrooms and introduced the world to the writing of Michael Lewis. In this shrewd and wickedly funny book, Michael Lewis describes an astonishing era and his own rake's progress through a powerful investment bank. From an unlikely beginning (art history at Princeton?) he rose in two short years from Salomon Brothers trainee to Geek (the lowest form of life on the trading floor) to Big Swinging Dick, the most dangerous beast in the jungle, a bond salesman who could turn over millions of dollars' worth of doubtful bonds with just one call. With the eye and ear of a born storyteller, Michael Lewis shows us how things really worked on Wall Street. In the Salomon training program a roomful of aspirants is stunned speechless by the vitriolic profanity of the Human Piranha; out on the trading floor, bond traders throw telephones at the heads of underlings and Salomon chairman Gutfreund challenges his chief trader to a hand of liar's poker for one million dollars; around the world in London, Tokyo, and New York, bright young men like Michael Lewis, connected by telephones and computer terminals, swap gross jokes and find retail buyers for the staggering debt of individual companies or whole countries. The bond traders, wearing greed and ambition and badges of honor, might well have swaggered straight from the pages of Bonfire of the Vanities. But for all their outrageous behavior, they were in fact presiding over enormous changes in the world economy. Lewis's job, simply described, was to transfer money, in the form of bonds, from those outside America who saved to those inside America who consumed. In doing so, he generated tens of millions of dollars for Salomon Brothers, and earned for himself a ringside seat on the greatest financial spectacle of the decade: the leveraging of America. - Publisher.

There were only a few women economists who made it to the surface and whose voices were heard in the history of economic thought of Adam Smith, David Ricardo, John Maynard Keynes, and Milton Friedman – right? Wrong!

In this book, distinguished economist Edith Kuiper shows us that the history of economic thought is just that, a his-story, by telling the herstory of economic thought from the perspective of women economic writers and economists. Although some of these women were well known in their time, they were excluded from most of academic economics, and, over the past centuries, their work has been neglected, forgotten, and thus become invisible. Edith Kuiper introduces the reader to an amazing crowd of female pioneers and reveals how their insights are invaluable to understanding areas of economics ranging from production, work, and the economics of the household, to income and wealth distribution, consumption, public policy, and much more.

This pathbreaking book presents a whole new perspective on the development of economic thought. It will be essential reading for all students and scholars of the history of economic thought and feminist economics.

Clear, insightful, and nondogmatic, this book gives us a new appreciation for one of our most ubiquitous institutions. From the wild swings of the stock market to the online auctions of eBay to the unexpected twists of the world's post-Communist economies, markets have suddenly become quite visible. We now have occasion to ask, "What makes these institutions work? How important are they? How can we improve them?" Taking us on a lively tour of a world we once took for granted, John McMillan offers examples ranging from a camel trading fair in India to the $20 million per day Aalsmeer flower market in the Netherlands to the global trade in AIDS drugs. Eschewing ideology, he shows us that markets are neither magical nor immoral. Rather, they are powerful if imperfect tools, the best we've found for improving our living standards. Peter Bernstein's Against the Gods enabled us to see risk in a whole new light. McMillan's book will do the same for markets.

No one has more authority to call the shots the way they really are than Paul Krugman, whose provocative New York Times columns are keenly followed by millions. One of the world's most respected economists, Krugman has been named America's most important columnist by the Washington Monthly and columnist of the year by Editor and Publisher magazine.

In this long-awaited work containing Krugman's most influential columns along with new commentary, he chronicles how the boom economy unraveled: how exuberance gave way to pessimism, how the age of corporate heroes gave way to corporate scandals, how fiscal responsibility collapsed. From his account of the secret history of the California energy crisis to his devastating dissections of dishonesty in the Bush administration, Krugman tells the uncomfortable truth about how the United States lost its way. And he gives us the road map we will need to follow if we are to get the country back on track.

How an Economy Grows and Why it Crashes uses illustration, humor, and accessible storytelling to explain complex topics of economic growth and monetary systems. In it, economic expert and bestselling author of Crash Proof, Peter Schiff teams up with his brother Andrew to apply their signature "take no prisoners" logic to expose the glaring fallacies that have become so ingrained in our country?s economic conversation.

Inspired by How an Economy Grows and Why It Doesn?t?a previously published book by the Schiffs? father Irwin, a widely published economist and activist?How an Economy Grows and Why It Crashes incorporates the spirit of the original while tackling the latest economic issues.With wit and humor, the Schiffs explain the roots of economic growth, the uses of capital, the destructive nature of consumer credit, the source of inflation, the importance of trade, savings, and risk, and many other topical principles of economics.

The tales told here may appear simple of the surface, but they will leave you with a powerful understanding of How an Economy Grows and Why it Crashes.

The story of this storm in the global markets is the story of how government intervention to solve previous crises laid the foundation for a new one, writes Johan Norberg in his important new book. Tracing the causes of our current financial crisis with liveliness and clarity, Financial Fiasco shows the mistakes made in Washington, on Wall Street, and in communities across America that led to the economic meltdown. While many analysts have placed the blame solely on Wall Street, Norberg exposes the crucial role government regulation played in creating the opportunities and incentives that led to the financial collapse. In six concise chapters, Financial Fiasco tells the complex story of the crisis, showing how monetary policy, housing policy, and financial innovations combined to create financial catastrophe. The final two chapters describe the government's mismanagement of the crisis and how we are now dangerously repeating many of the very same mistakes that caused it. An understanding of the roots of the financial crisis is crucial for every American who has felt its effects - and would like to prevent the same disaster from happening again. Financial Fiasco provides that understanding, with great insight, clarity, and wit. Just as important, the book serves as a profound warning against pursuing the wrong solutions. After government authorities had helped create the worst financial crisis in generations, the climate of ideas has now shifted dramatically in the direction of bigger and more active government," Norberg writes. Financial Fiasco is the perfect antidote to those ideas, a cautionary tale on how to stop confusing the disease with the cure."--Jacket.

Geschiedenis van de Amerikaanse economie en de financiële markt in de Verenigde Staten vanaf de jaren tachtig tot en met de kredietcrisis van 2008.

Oorzaken en gevolgen van de kredietcrisis van 2008 en een beschrijving van de in de ogen van de auteur te nemen maatregelen.

Artikelen waarin de mazen in het nederlandse belastingstelsel worden aangetoond

This book describes how one Silicon Valley insider has blazed a path of professional - and personal - success playing the game by his own rules. Silicon Valley is filled with garage-to-riches stories and hot young entrepreneurs with big ideas. Yet even in this place where the exceptional is common, Randy Komisar is a breed apart. Currently a "Virtual CEO" who provides "leadership on demand" for several renowned companies, Komisar was recently described by the "Washington Post" as a "combined professional mentor, minister without portfolio, in-your-face investor, trouble-shooter and door opener." But even more interesting than what he does is how - and why - he does it. Komisar has found a way to turn an ambitious and challenging work life into his life's work."The Monk and the Riddle" is unlike any other business book you've read. Transcending the typical "leadership book" model of lists and frameworks on how to succeed in business, "The Monk and the Riddle" is instead a lively and humorous narrative about the education of a unique Valley insider. It unfolds over the course of an ongoing dialogue between Komisar and would-be entrepreneurs, "Lenny and Allison," and is at once a portal into the inner workings of Silicon Valley - from how startups get launched to how venture capitalists do their deals to how plans get prepared and pitched - and a deeply personal account of how one mover and shaker found fulfillment, not in work's rewards but in work itself.As the narrative follows Komisar through meetings with venture capitalists and eager entrepreneurs, and as his conversations with Lenny evolve toward a resolution, "The Monk and the Riddle" imparts invaluable lessons about the differences between leadership and management and passion and drive, and about the meaning of professional and personal success. "When all is said and done," writes Komisar, "the journey is the reward."

Formulating a strategy is one of the most important but also one of the most difficult challenges faced by businesses: How may one translate a concern into a structured issue and the hypotheses for addressing that issue? How should one approach the designing and executing of the analyses through which these hypotheses can be tested, thus creating the insights from which new strategic options can be developed? And how can one identify the “best bets” from among the many different strategic options available, and determine how these may be translated into a coherent business strategy that the organization and its stakeholders can buy into?

This book helps to answer these questions for the senior manager responsible for company strategy; the project manager who’s been asked to chart and defend a new strategic course of action; and the student wishing to “learn the ropes” of strategy-creation. This book offers no theoretical strategy “frameworks”. Nor does it propagate a specific strategy of any kind. It is, quite simply, a “cook book” describing a step-by-step, focused and fast approach for creating a new strategy at medium-sized and large businesses. It is a proven method used by top management consultants to help clients develop new strategies.

The Craft of Strategy Formation provides a crisp account of the consecutive steps to take (and pitfalls to watch out for) when typically vague business concerns need to be translated into actionable strategy fast. Featuring the tried-and-tested analytical and organizational approach of top management consultants, this integral account of how strategy is crafted in practice offers a welcome break from traditional handbooks featuring largely isolated frameworks, tools and cases; highly theoretical academic treatises; and largely anecdotal “infotainment” books for the general reader.

Leiderschap verandert en het aantal managers neemt af. Wat zijn banen van de toekomst? Welke branches verdwijnen en welke nieuwe ontstaan er? Welke toekomst hebben organisaties in het MKB en multinationals? Hoe worden we straks beoordeeld en beloond voor werk? Hoe worden we gemotiveerd? Hoe vindt werving van personeel plaats? Waardoor wordt straks je promotie bepaald?

Er komt een andere toekomst voor sociale zekerheid; vakbonden en werkgeversorganisaties eroderen. Leren wordt anders. Welke toekomst hebben freelancers? Hoe organiseer je je arbeidzame leven als je 120 jaar oud wordt in perfecte conditie? Komen gilden terug? Technologie verandert werk ingrijpend, bijvoorbeeld de baan van de secretaresse, maar ook in fabrieken werken straks meer robots dan mensen. De snelheid van veranderen groeit. Hoe word je employee of choice in deze nieuwe tijd? Hoe verlopen twee carrieres in een huwelijk straks? Hoe functioneert de expat van de toekomst?

In dit boeiende nieuwe boek, met een aantal zelftests, bundelen trendwatcher Adjiedj Bakas en HR-professional Martijn van der Woude acht megatrends over de toekomst van werk. Met een agenda voor de toekomst: waar moet je morgen aan beginnen om klaar te zijn voor de toekomst?

In search of a fresh perspective on the modern economy, Extreme Economies takes the reader off the beaten path, introducing people living at the world's margins. From disaster zones and displaced societies to failed states and hidden rainforest communities, the lives of people who inhabit these little-known places tend to be ignored by economists and policy makers. Leading economist Richard Davies argues that this is a mistake, and explains why the world's overlooked extremes offer a glimpse of the forces that underlie human resilience, help markets to function and cause them to fail, and will come to shape our collective future. Whether trekking with Punjabi migrants through the lawless Panamanian jungle or revealing the clever trick Syrians use to underpin trade in the world's most entrepreneurial refugee camp, Richard Davies brings a storyteller's eye to places where the economy has been destroyed, distorted, and even turbocharged. In adapting to circumstances that would be unimaginable to most of us, the people he encounters have become economic pioneers whose lives help us reflect on our own. At once intimate and analytical, Extreme Economies draws the lines between personal narratives and global trends, shedding light on today's biggest economic questions and providing vital lessons for our turbulent future.

De bekende econoom/emeritus-hoogleraar Arnold Heertje (1934) heeft al vele - qua stijl populaire en qua inhoud behoudende - boeken over zijn vakgebied geschreven. In zijn laatste werk (een publicatie van het Thijmgenootschap) zet hij in vier hoofdstukken van elk vier a negen paragrafen diepgravender dan voorheen recht wat er in de moderne economie in zijn ogen is scheefgegroeid. Hij hekelt in het bijzonder de 'overspecialisering' en de eenzijdige nadruk op de financiële kanten van de economie, waardoor eenvoudige inzichten (met name met betrekking tot de kernpunten schaarste en welvaart) uit het zicht lijken verdwenen. Dit leidt volgens de auteur tot maatschappelijke schade, met name onderwaardering van natuur en cultuur. In het verlengde hiervan legt Heertje het zijns inziens intellectuele tekort in onze samenleving bloot, dat hij wijt aan het onderwijs. Zijn remedie: education permanente. Het boek is minder toegankelijk dan we van Heertje gewend zijn. Bevat tevens noten en literatuuroverzicht. Sobere uitvoering; illustraties ontbreken geheel.

The most remarkable thing that happened to the world economy after 9/11 was ...nothing. What would have once meant a crippling shock to the system was absorbed astonishingly quickly, partly due to the efforts of the then Chairman of the Federal Reserve Board, Alan Greenspan. The post 9/11 global economy is a new and turbulent system - vastly more flexible, resilient, open, self-directing, and fast-changing than it was even twenty years ago. The Age of Turbulence is an incomparable reckoning with the nature of this new world - how we got here, what we're living through, and what lies over the horizon, for good or ill, channelled through Greenspan's own experiences working in the command room of the global economy for longer and with greater effect than any other single living figure.

Batra predicts that we are moving toward the greatest world-wide depression in history - and 1987s Black Monday may have been just the beginning. Batra's advice is easily accessible to all. He advises when to get out of the stock market, cautions against real estate investments, and helps readers plan the right moves to ensure a secure future.

De nieuwe bankier is een tech-nerd. Gedreven door de crisis en gewapend met disruptieve technologie bouwt hij aan een nieuwe financiële wereld. Een wereld waarin geld verplaatsen steeds makkelijker en sneller gaat. En één waarin de traditionele bank als middle-man minder vanzelfsprekend wordt. Nieuwe cryptocurrencies komen met één muisklik ter wereld en we lenen steeds meer van elkaar, in plaats van van de bank. Het ultieme einddoel: een open en decentraal financieel netwerk, zonder machtscentrum. RTL Z-journalist Frederieke Hegger spreekt met pioniers uit binnen- en buitenland. Van topeconoom Jeremy Rifkin tot Bitcoingoeroe Andreas Antonopoulos. Van jonge tech-ondernemers tot bankiers. Met humor, portretten, feiten en cijfers kijkt ze door een verrekijker naar de toekomst: staan we aan het begin van een financiële revolutie?

Ondanks de dramatische verhalen over reddingsplannen voor de banken, faillissementen, groeiende werkloosheid en kapitalistische hebzucht bleven we geloven in optimistische modellen over marktwerking en rationeel economisch keuzegedrag. Maar wat als de markt faalt? In zijn scherpzinnige boek beschrijft John Cassidy de invloed van het utopisch denken in de economie - een denken dat blind is voor hoe mensen van vlees en bloed handelen, en dat de ogen sluit voor de rampzalige onbedoelde effecten die een ongereguleerde vrije markt kan hebben. Met de economische crisis als achtergrond laat Cassidy zien hoe irrationele gedragspatronen en motieven (zoals jaloezie, kopieergedrag, hebzucht en overmoed) leiden tot mondiale economische problemen - van piekende olieprijzen en een onbeheersbare huizenmarkt tot graaigedrag van ceo's.

Analyse van de ontwikkeling van de welvaart, waarom het misging in 2008 met de economische crisis als gevolg en de daaruit te trekken lessen.