Why the World Economy Needs a Financial Crash and Other Critical Essays on Finance and Financial Economics (Anthem Finance) - Tapa dura

'Jan Toporowski is the best-kept secret in British economics. His insightful essays combine insight into current market mechanisms and macroeconomic dynamics with a keen appreciation of the historical sources of the ideas being debated in today’s financial pages. This book explains Toporowski’s ground-breaking theory of financial inflation, which is the key to understanding why financial-market forces ultimately exploded. In sum, this book answers questions readers didn’t know they had about the 2007-08 financial crisis and about all the financial crises in the neoliberal era.' —Gary Dymski, Professor of Economics, University of California, Riverside

'Jan Toporowski offers a lively and engaging critical assessment of national and international financial problems. He writes clearly, in non-technical language, and explores the economic, historical, political, cultural and symbolic significance of finance. Anyone with a serious interest in the “great recession” that began in 2007 will benefit from reading this book.' —John King, Professor of Economics, La Trobe University

'In these essays Jan Toporowski demonstrates his characteristic ability to combine analytical insights with policy relevant commentary on a range of topics associated with financial inflation and with banking and financial crises. Directed at a non-technical audience, the discussions offer a lesson in rigor, clarity and conciseness. The breadth of knowledge is impressive and the resulting analyses always telling and thought provoking. A book to be highly recommended.' —Grahame F. Thompson, Professor of Political Economy, The Open University and Visiting Professor at the Copenhagen Business School

'Offers a uniquely systemic and historically aware insight into the structural, institutional, socio-political and cultural origins of financial instability associated with the rise of global finance... A sharp and comprehensive critique of the financial orthodoxy that is behind many myths of contemporary economics and political economy.' —Anastasia Nesvetailova, Department of International Politics, School of Social Sciences, City University London