TY - BOOK AU - Barbera,Robert J. TI - The cost of capitalism: understanding market mayhem and stabilizing our economic future SN - 9780071628440 AV - HB3722 .B37 2009 U1 - 338.543 22 PY - 2009/// CY - New York PB - McGraw-Hill KW - Financial crises KW - Economic stabilization KW - Capitalism KW - United States KW - Economic conditions KW - 2001-2009 KW - 1981-2001 N1 - Includes bibliographical references (p. [225]-230) and index; The postcrisis case for a new paradigm --; Part 1; Financial markets and monetary policy in perspective; The markets stoke the boom and bust cycle --; The ABCs of risky finance --; Financial markets as a source of instability --; Free market capitalism: still the superior strategy --; Monetary policy: not the wrong men, the wrong model --; Part 2; Economic experience: 1985-2002; How financial instability emerged in the 1980s --; Financial mayhem in Asia: Japan's implosion and the Asian contagion --; Brave-new-world boom goes bust: the 1990s technology bubble --; Part 3; Emerging realities: 2007-2008; Greenspan's conundrum fosters the housing bubble --; Bernanke's calamity and the onset of U.S. recession --; Domino defaults, global markets crisis, and end of the great moderation --; Part 4; Recasting economic theory for the twenty-first century; Economic orthodoxy on the eve of the crisis --; Minsky and monetary policy --; One practitioner's professional journey --; Global policy risks in the aftermath of the 2008 crisis ER -