||About the Author||Ascension Mejorado is Master Teacher of Economics at New York University, USA. |Manuel Roman taught economics at New Jersey City University, USA for over 25 years, and is now retired.
From the mid-1980s, investors in the US increasingly directed capital towards the financial sector at the expense of non-financial sectors, lured by the perception of higher profits. This flow of capital inflated asset prices, creating the stock market and housing bubbles which burst when the imbalance between stagnant incomes and rising debts triggered the banking meltdown. Profitability and the Great Recession analyses these trends in profitability and capit...
[PDF.yz35] Profitability and the Great Recession: The Role of Accumulation Trends in the Financial Crisis (Routledge Frontiers of Political Economy) Rating: 3.93 (652 Votes)
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