||1 of 1 people found the following review helpful.| Financial Whirlpools: Who pulled the plug on the economy?|By David W. Schropfer|This book is an in depth study for the 2007-2008 financial collapse and ensuing Global Recession. Unlike many other books on the subject, the author spends a great deal of time looking at all the players: home buyers, mortgage brokers, banks, rating agencies and myriad others, all of whom played t|||"This work applies ‘systems thinking’ (drawing on insights from economics, psychology, philosophy, ethics, and management) in order to analyze the dynamics of the global economic crisis that began in 2008. Unlike linear thinking, the systems f
How do economists reconcile their expertise with their failures to predict and manage the 2008 financial crisis? This book goes a long way toward an answer by using systems theory to reveal the complex interdependence of factors and forces behind the crisis. In her fully integrated view of the economy, how it works, and how the economic crisis burst, Karen Higgins combines human psychology, cultural values, and belief formation with descriptions of the ways banks and...
[PDF.na47] Financial Whirlpools: A Systems Story of the Great Global Recession Rating: 4.75 (661 Votes)
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You can specify the type of files you want, for your device.Financial Whirlpools: A Systems Story of the Great Global Recession | Karen L. Higgins. Which are the reasons I like to read books. Great story by a great author.
