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[Pen-l] Nitzan & Bichler -- Contours of Crisis III: Systemic Fear and Forward-Looking Finance

Jonathan Nitzan and Shimshon Bichler, "Contours of Crisis III: Systemic Fear and Forward-Looking Finance," Dollars & Sense, June 12, 2009.

ABSTRACT: The rituals of finance condition investors to look forward and price assets based on expected future earnings. But what happens during a systemic crisis, when the future of capitalism itself is in doubt?

FULL TEXT: http://bnarchives.yorku.ca/262/

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Jonathan Nitzan
Political Science
York University
4700 Keele St.
Toronto, Ontario, M3J-1P3
Canada
Voice: (416) 736-2100, ext. 88822
Fax: (416) 736-5686
Email: nitzan at yorku.ca
Website: http://bnarchives.net


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