Negative interest rates : the black hole of financial capitalism

• Main Author: Ninet, Jacques (Author)
• Format: Electronic eBook
• Language: English
• Published: Bingley, U.K. : Emerald Publishing Limited, 2020.
• Series: Critical studies on corporate responsibility, governance and sustainability ; v. 13.
• Subjects: Interest rates.; Capitalism.; Social responsibility of business.; Business & Economics, Interest.; Economic theory & philosophy.; elektronické knihy; electronic books
• ISBN: 9781839823763; 9781839823787
• DOI: 10.1108/s2043-9059202113
• Physical Description: 1 online resource (192 pages)

Table of Contents:

• Prelims
• Introduction
• Part 1 Financial Capitalism: From the Neoliberal Revolution to the Multifaceted Crisis of the Twenty-first Century
• The Great Turn
• Neoliberalism and the Revenge of Rentier Capitalists
• The Underpinnings of Hyper-Financialization
• The Poor Economic and Financial Record of Thirty-five Years of Neoliberalism
• Part 2 Anatomy of a Crisis
• The Single Crisis of the Asset-based Economy
• A Foreseeable but Not Foreseen Crisis
• Deficit and Debt Trap
• A Useless Crisis?
• Part 3 In the Hands of Central Banks
• Central Bank: A Standard Reading
• Some Facts about the Monetary Economy To Better Understand the True Role of Central Banks
• The Short History of Central Banks in the Long History of Money
• Theoretical Foundations of Central Banking: From Monetarism to Dynamic Stochastic General Equilibrium (DSGE) Models
• Does Independence Guarantee Infallibility?
• Are Central Bankers Truly Independent?
• An Astonishing Confession
• Part 4 Who Will Save the Central Banks?
• The Black Hole
• Economic and Financial Consequences of NIRP and ZIRP
• TINA (There is No Alternative)?
• Central Banks: At the Core of the Next Confidence Crisis
• Conclusion
• Afterword
• Appendices
• References
• Index of Names.