Jane D'Arista is one of those towering figures who thinks way ahead
of the conventional understandings. A generation ago she recognized
the distorted architecture of finance and banking and described in
lucid detail the reform agenda for restoring a stable and equitable
system. Written in the tradition of D'Arista, the essays in this
important collection point the way toward overcoming the recurrent
financial disorders of our gilded age. Like Jane D Arista s work,
this timely volume demands the attention of both policy experts and
the politicians who must do the reconstruction.' - William Greider,
author of Secrets of the Temple: How the Federal Reserve Runs the
CountryThe many forces that led to the economic crisis of 2008 were
in fact identified, analyzed and warned against for many years
before the crisis by economist Jane D'Arista, among others. Now,
writing in the tradition of D'Arista's extensive work, the
internationally renowned contributors to this thought-provoking
book discuss research carried out on various indicators of the
crisis and illustrate how these perspectives can contribute to
productive thinking on monetary and financial policies. Topics
addressed include monetary policy, financial markets, financial
history, liquidity, institutions and global finance, with an
emphasis on the ways in which theory and policy can be applied
toward the goal of a more equitable and civilized society. The book
s contributors hail from across the globe and offer a range of both
academic and policy-making perspectives. This fascinating book will
appeal to students and scholars of economics, particularly those
with an interest in international finance and banking, financial
regulation, and political economy. Contributors: R.A. Blecker, P.
Bond, J. Crotty, G.A. Dymski, G.A. Epstein, K. Erturk, J.K.
Galbraith, R.N. McCauley, P. Mehrling, D.H. Nielson, G. OEzgur, T.
Palley, E. Perez Caldentey, C. Rada, E.D. Russell, T. Schlesinger,
M. Seccareccia, L. Taylor, M. Vernengo, R.H. Wade, M.H. Wolfson
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