The Financial Crisis: Origins and Implications

Marc Notes: Includes bibliographical references and index. Biographical Note: PHILIP ARESTIS is at the Cambridge Centre for Economics and Public Policy, Department of Land Economy, University of Cambridge, UK; Professor of Economics, Department of Applied Economics V, Universidad del Pais Vasco, Spain; Distinguished Adjunct Professor of Economics, Department of Economics, University of Utah, US; Senior Scholar, Levy Economics Institute, New York, US; Visiting Professor, Leeds Business School, University of Leeds, UK; Professorial Research Associate, Department of Finance and Management Studies, School of Oriental and African Studies (SOAS), University of London, UK; and current holder of the British Hispanic Foundation 'Queen Victoria Eugenia' British Hispanic Chair of Doctoral Studies. He is Chief Academic Adviser to the UK Government Economic Service (GES) on Professional Developments in Economics. He has published as sole author or editor, as well as co-author and co-editor, a number of books, contributed in the form of invited chapters to numerous books, produced research reports for research institutes, and has published widely in academic journals. ROGERIO SOBREIRA is Associate Professor of Economics and Finance, Brazilian School of Public and Business Administration at Getulio Vargas Foundation and CNPq Researcher. He has published several articles in academic journals and invited chapters mainly on banking regulation, banking firm, investment financing and public debt management. He co-edited five books, all in Portuguese: Financial and Banking Regulation (Atlas), Development and the Building of a Nation Economic Policy (FGV), Development and the Building of a Nation Public Policy (FGV), Fiscal Adjustment: The Case of Selected Countries (FGV) and Monetary Policy, Central Banks and Inflation Targeting (FGV). He is member of the Brazilian Keynesian Association. JOSE LUIS OREIRO is Associate Professor of Economics at University of Brasilia (UnB), Level I Researcher at National Scientific Council (CNPq/Brazil), Director of the Brazilian Keynesian Association (AKB) and a member of the Editorial Board of "Brazilian Journal of Political Economy" (REP). He has published more than 60 articles in academic journals in Brazil and other countries, 3 books as editor and contributed in the form of invited chapters to many other books. According to REPEC, he belongs to top 10% of academic economists in Brazil."Table of Contents: IntroductionThe Lessons from the Current Crisis for Macro-theory and PolicyThe Conventional Views of the Global Crisis: A Critical AssessmentThe Global Crisis and the Governance of Power in FinanceIncome distribution and borrowing. Growth and financial balances in the U. S. economyRe-structuring the financial sector to reduce its burden on the economyRegulate Financial Systems, or Financial Institutions?Institutional Investment and Financial Regulation: An International ComparisonRethinking the Lending of Last Resort Function: A Historical and Contemporary PerspectiveThe Necessity of Reforming the International Monetary SystemNeoliberalism, Income Distribution and the Causes of the CrisisPublisher Marketing: How critical was propaganda to national survival during the Battle of Britain? The struggle for air supremacy lasted for just sixteen weeks during the summer and autumn of 1940, yet its outcome was vital in thwarting Hitler's invasion plans. The RAF's 'fighter boys', Churchill's 'Few', were central to that achievement, sustaining the morale of millions through their heroism. A propaganda victory within a military success, the Air Ministry daily projected their prowess through its Air Communiques to national and international audiences, using the press, newsreels, and radio broadcasts. Hotly debated in Britain, Germany and America, opinion hinged critically upon these 'cricket scores', which in turn led to the rapid heroicization of the Few into legend. Propaganda organizations, the media, and censorship were key to this accomplishment and are also explored in The Good Fight. Wartime feature films, art and literature further consolidated the mythicization of the Few, influencing the Battle of Britain's postwar historiography. Only more recently challenged by revisionists, these aspects too are assessed in this comprehensive, illustrated account of a key moment in Britain's history. This book studies the heroicization of 'The Few' during the Battle of Britain in the summer of 1940. A propaganda victory within a military success, it was vital to sustaining national morale."

Contributor Bio:  Arestis, Philip Textbook author.