... to the cri- sis of 20 08, enacted over the past 25 years, make it abundantly clear that economists, elected of cials, and central bankers did not learn the lessons of the 1920s. The record of the ... reserve all rights in and to the work. Use of this work is subject to these terms. Except as permitted under the Copyright Act of 1976 and the right to store a...
Ngày tải lên: 21/06/2014, 08:20
... 2.1 040200 989 694929 088 8 684 8 280 787 6747270 686 6646260 585 65452 15 10 5 0 −5 Year over Year % Change The Great Inflation of the 1960s-1970s Gave Way to Moderate Price Pressures 1 982 -2005 Consumer Price ... years of its existence. The ABCs of Risky Finance • 29 6 • T HE C OST OF C APITALISM Figure 1.2 010099 989 79695949392919 089 888 786 8 584 40000 30000 20000 10000...
Ngày tải lên: 21/06/2014, 08:20
The Violence of Financial Capitalism (Semiotext(e) Intervention Series) by Christian Marazzi, Kristina Lebedeva and Jason_3 pot
... the loan has gone bust and the bank now owns the home. But the loan was for $ 588 ,000, and the house is worth $5 38, 000. If lots of home loans go the way of Hanna’s loan, then the total value of ... for $5 38, 000. But it loaned Hanna $ 588 ,000. Thus, the bank lost $50,000 on the deal. Banks are in the business of borrowing money from some and lending to o...
Ngày tải lên: 21/06/2014, 08:20
The Violence of Financial Capitalism (Semiotext(e) Intervention Series) by Christian Marazzi, Kristina Lebedeva and Jason_4 ppt
... indeed shocked by the events of 20 08. Shock in hand, they can argue that their sense of the way the world works is intact. Listen to speeches from representatives of the European Central Bank, the ECB, and ... value and you need cash, you How Financial Instability Emerged in the 1 980 s • 89 violent retrenchment in the world of finance can be laid at the door...
Ngày tải lên: 21/06/2014, 08:20
The Violence of Financial Capitalism (Semiotext(e) Intervention Series) by Christian Marazzi, Kristina Lebedeva and Jason_6 potx
... gripped the United States and then became a world recession. The dynamics that precipitated the U.S. recession, the global capital markets crisis, and the worldwide downturn, are the subject of the ... thought that by the end of the year the funds rate would fall to 4 percent. Quite a few e-mails greeted me after the show, most of them critical, and one acc...
Ngày tải lên: 21/06/2014, 08:20
The Violence of Financial Capitalism (Semiotext(e) Intervention Series) by Christian Marazzi, Kristina Lebedeva and Jason_7 potx
... the 080 6040200 989 694929 088 8 684 8 280 787 6747270 686 6646260 585 6 20000 10000 80 00 6000 4000 2000 In Billions of Chained 2000 $s, Log Scale Growth Is the Goal and Growth Is the Rule NIPA: Real GDP Figure 13.1 080 6040200 989 694929 088 8 684 8 280 787 6747270 686 6646260 585 6 10 8 6 4 2 0 –2 –4 Year ... worth of misguided enthusiasm for Schumpeter’s creative destructi...
Ngày tải lên: 21/06/2014, 08:20
The Violence of Financial Capitalism (Semiotext(e) Intervention Series) by Christian Marazzi, Kristina Lebedeva and Jason_8 doc
... • T HE C OST OF C APITALISM 10 080 6040200 989 694929 088 8 684 8 280 787 6747270 686 6646260 11 10 9 8 7 6 5 Share (%) Where Might the Estimates for Giant Surpluses Be Faulty? Personal Tax and Nontax Receipts ... put in place by 19 78. Best avail- able treatment was mandated by 1 980 . And the last mandate? The leg- islation’s stated goal was to achieve zero discharge of...
Ngày tải lên: 21/06/2014, 08:20
The Violence of Financial Capitalism (Semiotext(e) Intervention Series) by Christian Marazzi, Kristina Lebedeva and Jason_9 doc
... their own devices, the various world 210 • T HE C OST OF C APITALISM Figure 16.1 080 6040200 989 694929 088 8 684 8 280 787 6747270 686 66462 130 105 80 55 30 Share(%) Rescue Policy Efforts Must Be Geared ... leading up to the crisis of 20 08, many champions of free market capitalism warned about the tenuous nature of the global credit markets. Warren Buffett, the sage...
Ngày tải lên: 21/06/2014, 08:20
The Violence of Financial Capitalism (Semiotext(e) Intervention Series) by Christian Marazzi, Kristina Lebedeva and Jason_10 docx
... 37 Financial innovation, 7 Financial instability, 7, 19, 37–54, 83 –92, 1 78, 186 Financial instability hypothesis, 32, 40–43, 186 Financial institutions, 1 78 Financial leverage, 27, 29–31 Financial ... “Growth Theory and After.” Lecture to the memory of Alfred Nobel, December 8, 1 987 . Tymoigne, Eric. The Minskyan System, Part I: Properties of the Minskyan Analysi...
Ngày tải lên: 21/06/2014, 08:20
application of multi-agent games to the prediction of financial time-series
... arbitrary number j of timesteps into the future, is then generated by calculating the net value of S 0−1 along all possible future routes of the third-party game. Figure 5 shows the ‘predicted corridors’ ... estimate of S 0 and S 1 at each timestep, the num- ber of active strategies predicting a 0 or 1 respectively. Provided the black-box game’s strategy space is rea...
Ngày tải lên: 23/04/2014, 16:11