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Innovations Lead to Economic Crises - Explaining the Bubble Economy (Hardcover, 1st ed. 2016)
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Innovations Lead to Economic Crises - Explaining the Bubble Economy (Hardcover, 1st ed. 2016)
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This book examines the link between innovation and economic crises
through a systemic philosophy of economic history. Taking the end
of the Roman Empire as its starting point, the author guides
readers through six economic crises that have occurred up to the
present day and uncovers how these may have been triggered by a
number of political, economic and technological innovations. The
author presents analyses on the Dutch tulip bubble of 1637, the
Mississippi bubble in eighteenth-century France, the development of
the first limited liability company and the world's first stock
exchange before going on to discuss the latest economic crisis and
its links with globalisation and social connectivity following the
technological advancement of the internet. The author concludes by
explaining how we can use knowledge of the links between innovation
and crises to frame a vital new model for policy makers and
political leaders. The result is a fascinating insight into the
cause of economic crises which will be of particular interest to
students and researchers of economic history, financial crises,
innovation and political science.
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