The first great recession of the 21st century : competing explanations / edited by Óscar Dejuán, Eladio Febrero, Maria Cristina Marcuzzo.

Contributor Dejuán, Óscar.

Imprint:Cheltenham, UK ; Northampton, MA : Edward Elgar, 2011.

Descriptionix, 260 p. ; 24 cm.

Note:Part I. Economists on trial. Who predicted the crisis and what can we learn from them? / Dirk J. Bezemer -- A brief note on economic recessions, banking reform and the future of capitalism / Jesus Huerta de Soto -- Understanding crisis : on the meaning of uncertainty and probability / Ekaterina Svetlova and Matthias Fiedler -- Financial crisis and risk measurement : the historical perspective and a new methodology / Gumersindo Ruiz and Ramon Trias -- Did economic analysis fail in the current financial crisis? / Julio Segura -- Part II. What does history tell us? Does the current global crisis remind us of the Great Depression? / Sunanda Sen -- Innovation, growth, cycles and finance : three (or four or more) stories from the 1930s and their lessons / Catherine P. Winnett and Adrian B. Winnett -- Epic recession and economic theory / Jack Rasmus -- Did asset prices cause the current crisis? / Edith Skriner -- The role of the history of economic thought in the development of economic theory and policy / Steven Kates -- Part III. Country cases in a global crisis. Testimony to the Financial Crisis Inquiry Commission / Alan Greenspan -- Long term depression and new markets : economists and the 2008 recession / Davide Gualerzi -- Manifestations of the global crisis in a small open economy / Ivars Brivers -- The aftermath of a long decade of real nil interest rates (Spain 1996-2008) / Oscar Dejuan and Eladio Febrero.

Bibliography Note:Includes bibliographical references and index.

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