(Download) Financial Whirlpools: A Systems Story of the Great Global Recession
♥ Karen L. Higgins ♥
#2235338 in eBooks 2013-03-26 2013-03-26File Name: B00CLC3VVA
1 of 1 people found the following review helpful. Financial Whirlpools: Who pulled the plug on the economy?By David W. SchropferThis book is an in depth study for the 2007-2008 financial collapse and ensuing Global Recession. Unlike many other books on the subject, the author spends a great deal of time looking at all the players: home buyers, mortgage brokers, banks, rating agencies and myriad others, all of whom played their part in the story.Using a "Systems way of thinking" she lays out th"This work applies lsquo;systems thinkingrsquo; (drawing on insights from economics, psychology, philosophy, ethics, and management) in order to analyze the dynamics of the global economic crisis that began in 2008. Unlike linear thinking, the systems framework takes into account such dynamics asHow do economists reconcile their expertise with their failures to predict and manage the 2008 financial crisis? This book goes a long way toward an answer by using systems theory to reveal the complex interdependence of factors and forces behind the crisis. In her fully integrated view of the economy, how it works, and how the economic crisis burst, Karen Higgins combines human psychology, cultural values, and belief formation with descriptions of the ways banks and markets succeed and fail. I... [PDF.io85] Financial Whirlpools: A Systems Story of the Great Global Recession Rating: 3.60 (535 Votes)
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