Economic Integration and the Location of Industries: The Case of Less Developed East Asian Countries (IDE-JETRO Series) - Tapa dura

Libro 6 de 18: IDE-JETRO

Kuroiwa, Ikuo

 
9780230389410: Economic Integration and the Location of Industries: The Case of Less Developed East Asian Countries (IDE-JETRO Series)

Sinopsis

The Global Curse of the Federal Reserve reveals and explores the missing link between the Austrian School of Economics and behavioral finance theory. Monetary instability is the source of the waves of irrational exuberance (sometimes described as "asset price inflation"), which spread so much economic destruction and geopolitical turmoil when they break. The largest and most destructive waves in the past 100 years have all been powered by monetary turmoil created by the Federal Reserve. Dr. Brown argues that flawed monetary practice and principles-most recently in the form of Bernankeism-have been responsible for the Fedmade havoc. The author comes to two optimistic conclusions. First, political forces in the US will one day gain sufficient strength to repeal Bernankeism. But the new revolutionaries must learn from the mistakes of the first monetarist revolution. Brown argues for the end of the Fed as a policymaking institution. Second, it is possible for investors to build substantial protection for their wealth and even profit from monetary chaos unleashed by the Federal Reserve-but this depends on throwing overboard much of the established wisdom about optimal portfolio management.

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Acerca del autor

TOSHITAKA GOKAN Visiting Researcher, Center for Operations Research and Econometrics, Catholic University of Louvain, Belgium NOBUAKI HAMAGUCHI Professor, Research Institute for Economics and Business Administration, Kobe University, Japan NAOMI HATSUKANO Research Fellow, Southeast Asian Studies Group II, Area Studies Center, IDE-JETRO KAZUNOBU HAYAKAWA Research Fellow, Bangkok Research Center, IDE-JETRO FUTABA ISHIZUKA Research Fellow, Law and Institution Studies Group, Inter-Disciplinary Studies Center, IDE-JETRO SOUKNILANH KEOLA Visiting Scholar, Center for East Asia and South-East Asian Studies, Lund University TOSHIHIRO KUDO Director, Southeast Asian Studies Group II, Area Studies Center, IDE-JETRO SATORU KUMAGAI Director, Economic Integration Studies Group, Inter-Disciplinary Studies Center, IDE-JETRO SHOZO SAKATA Senior Research Fellow, Area Studies Center, IDE-JETRO KIYOYASU TANAKA Research Fellow, Technological Innovation and Economic Growth Studies Group, Inter-Disciplinary Studies Center, IDE-JETRO KENMEI TSUBOTA Research Fellow, Economic Integration Studies Group, Inter-Disciplinary Studies Center, IDE-JETRO

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Otras ediciones populares con el mismo título

9781349351152: Economic Integration and the Location of Industries: The Case of Less Developed East Asian Countries (IDE-JETRO Series)

Edición Destacada

ISBN 10:  1349351156 ISBN 13:  9781349351152
Editorial: Palgrave Macmillan, 2012
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