M ark H. R ose . Market Rules

The 2007–2008 financial crisis and the Great Recession that followed it remain among the defining issues of our time. Their consequences were as deep as they were grave, ushering in, in many countries, new policies of austerity and the cutting down of public expenditures, with devastating consequences for those who had the least means to begin with. Catching many as a surprise event, it soon sparked an explosive academic interest in understanding its origins and consequences, opening up new debates ranging from why economists did not see the crisis coming, to what caused the crisis, and to the consequences of the crisis. Mark H. Rose’s Market Rules: Bankers, Presidents, and the Origins of the Great Recession is a novel contribution to understanding the origins of the Great Recession. It is historically rich and informative, with a sharp analytical lens focusing upon the history of bankers, politicians, and how banks and...

Austerity · Economic history · Economics · Economy · Financial crisis · Global recession · Great recession · Keynesian economics · Monetary economics · Political economy · Political science · Politics · Recession · Sociology · Surprise · Historical Studies and Socio-cultural Analysis · Law · Vietnamese History and Culture Studies