Description
The financialization of the economy has brought a number of interrelated problems which have contributed to growing income and wealth inequality. Askari and Mirakhor assert that it is time to make a bold change by putting our financial house in order and on a better path, advocating for a fundamental reform of the financial system. Hossein Askari and Abbas Mirakhor Table of Contents Foreword; Dr. Vittorio Corbo Preface Acknowledgments 1. The Financial Sector – In Support of Growth or Financialization? 2. Recurring Financial Crises – The Causes 3. Recurring Financial Crises – The Fallouts 4. Recurring Financial Crises – The Essential Reforms 5. Conclusions and Our Financial Future Bibliography
