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The Financial Meltdown of 2008: A Fundamentals Approach
The Financial Meltdown of 2008 A Fundamentals Approach
Author: Bernard C. Beaudreau
Presents a fundamentals interpretation of the Financial Meltdown of 2008. Attributes it to two innovations, namely factory automation and outsourcing, both of which contributed to lowering the wage income to GDP ratio, thus resulting in underincome. Underincome describes a situation in which markets are unable to monetize output (profits being a...  more »
ISBN-13: 9780557054558
ISBN-10: 0557054559
Publication Date: 3/9/2009
Pages: 182
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Publisher: lulu.com
Book Type: Paperback
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