Tagged with: subprime


"This is a system in deep trouble"

Sinéad Pentony 15/08/2011

Sinéad Pentony: In The Guardian, Larry Elliott argues that “only a new way of managing the global economy can prevent more mayhem in the market and on the streets”. He identifies a number of ingredients that have contributed to the crisis, namely the US decision to break-up the Bretton Wood system and abandon the ‘gold standard’. While …



Economic Sociology on the Financial Crisis

04/03/2009

Fred Block traces the evolution of the sub-prime crisis in this very clear exposition of the problem. Donald McKenzie of Edinburgh University makes …

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