By Edward L. Glaeser,Tano Santos,E. Glen Weyl

ISBN-10: 022644354X

ISBN-13: 9780226443546

The earlier 3 many years were characterised through mammoth switch and crises in worldwide monetary markets—and now not in politically risky international locations yet within the center of the built international, from the good Recession within the usa to the banking crises in Japan and the Eurozone. As we strive to make experience of what prompted those crises and the way we would lessen danger elements and forestall recurrence, the fields of finance and economics have additionally obvious huge switch, as students and researchers have complicated their considering to higher reply to the hot crises.

A momentous number of the easiest fresh scholarship, After the Flood illustrates either the scope of the crises’ impression on our realizing of world monetary markets and the cutting edge techniques wherein students have tailored their examine to realize a better figuring out of them. one of the individuals are José Scheinkman and Lars Peter Hansen, who increase to this point a long time of collaborative examine at the mechanisms that tie monetary markets to the wider financial system; Patrick Bolton, who argues that restricting bankers’ pay could be greater than restricting the actions they could adopt; Edward Glaeser and Bruce Sacerdote, who research the social dynamics of markets; and E. Glen Weyl, who argues that economists are prompted via the incentives their consulting possibilities create.


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After the Flood: How the Great Recession Changed Economic Thought by Edward L. Glaeser,Tano Santos,E. Glen Weyl

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