Includes bibliographical references and index.

Why the world economy needs a financial crash -- The economics of financial inflation -- Money in globalised times -- Neo-liberalism and international finance -- Better machines for financial inflation? the role of financial innovation -- The inflation of goodwill -- Leverage and balance sheet inflation -- Inflation in financial markets -- Asset inflation and deflation -- The culture of financial inflation -- Twentieth-century finance theory : the frauds of economic innocence (in memoriam J. K. Galbraith) -- Fischer Black's "revolution" -- Economic inequality and asset inflation -- The wisdom of property and the culture of the middle classes -- Financial crisis -- Everything you need to know about the financial crisis but couldn't find out because the experts were explaining it -- The limitations of financial stabilisation by central banks -- International business and the crisis -- Developing countries in the crisis transmission mechanism.

Electronic reproduction. Palo Alto, Calif. : ebrary, 2011. Available via World Wide Web. Access may be limited to ebrary affiliated libraries.