Foley: "The anatomy of financial and economic crisis"

posted Jun 2, 2009, 4:31 PM by David Calnitsky
The Anatomy of Financial and Economic Crisis
Duncan Foley

The Gildersleeve Lecture at Barnard College, April 17, 2009. The talk investigates the theory of financial and economic crises as a social coordination problem. It discusses the origins of the 2007-8 crises in financial fragility and global structural instability of capital movements and effective demand. The talk ends with suggestions for a new regime for the global economy based on fixed exchange rates, capital movement controls, and political regulation of key prices.
David Calnitsky,
Jun 2, 2009, 4:33 PM