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Oxford University Press 2010

"Casino Capitalism - How the Financial Crisis Came About and What Needs to be Done Now" by Hans-Werner Sinn

Image "Casino Capitalism - How the Financial Crisis Came About and What Needs to be Done Now" by Hans-Werner Sinn

The updated and revised English edition of Hans-Werner Sinn’s book Kasino-Kapitalismus: Wie es zur Finanzkrise kam, und was jetzt zu tun ist (Econ 2009; revised paperback edition Ullstein 2010) was published by Oxford University Press in August 2010. Hans-Werner Sinn explains how the financial system became a casino for gamblers and analyses the reasons for the crisis: the failings of the rating agencies, the regulating authorities and the banks. He points out the flaws in the economic rescue packages and presents a master plan for the reform of financial markets.

Details

Casino Capitalism. How the Financial Crisis Came About and What Needs to be Done Now
by Hans-Werner Sinn

Oxford University Press, August 2010, 400 p., 37 fig. (Hardback)
ISBN-13: 978-0-19-958827-5, £25.00

Oxford University Press, August 2012, 400 p., 37 fig. (Paperback)
ISBN-13: 978-0-19-965988-3, £16,99

Contents

  1. The world in crisis
  2. Life on credit
  3. Bank failures
  4. Why Wall Street became a gambling casino
  5. Main Street also gambled
  6. Hot potatoes
  7. Policy failure
  8. The extent of the damage
  9. Rescue attempts
  10. Will the West retain its stability?
  11. Ways to a better banking system

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