This book explores the role of expectations within the modern capitalist system. Through looking at how they are formed and develop, the impact of events that lead to a collapse in expectations, such as a major financial crisis, is examined to highlight the precarious and unstable nature of the economic system. With a particular focus on the UK and USA, it is also considered how public policy and institutions can shift the balance away from speculation and back towards enterprise.
This book aims to conceptualize instability and highlight how economic and regulatory policy can limit it. It will be relevant to researchers and policymakers interested in economic policy and regulatory reform.
Autorentext
David Harrison is a former diplomat and Legal Director at DAC Beachcroft LLP.
Inhalt
Chapter 1: Living In Truth
Chapter 2: After The Fall
Chapter 3: The Medium Is (Still) The Message
Chapter 4: What Do You Expect?
Chapter 5: Possibilities, Probabilities And Propensities
Chapter 6: The Best And The Brightest
Chapter 7: Bretton Woods Revisited
Chapter 8: Selling England By The Pound
Chapter 9: Tomorrow Without Fear
Chapter 10: Out Of Darkness