This author delves into the deeply ingrained issues within economic science and policy that contribute to financial crises. Through his work, he seeks to illuminate the complexities of monetary policy and the role of central banks, arguing that these institutions often exacerbate instability rather than mitigate it. His aim is not only to analyze past failures but also to propose fundamental reforms in economic thinking and practice, making future economic challenges more understandable and manageable. He emphasizes the necessity of fixing the very foundations of economic theory to effectively rectify economic policies.
Provides an analysis of the forces behind the economic crisis. This title challenges the core principles of economic orthodoxy, explaining why financial markets do not obey the efficient market principles but are instead inherently unstable and habitually crisis prone.