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Financial economy : evolution at the edge of crises / Smita Roy Trivedi and Sutanu Bhattacharya

By: Contributor(s): Material type: TextTextPublication details: India Routledge Publications 2018Description: 218 pISBN:
  • 9781138323452
Subject(s): DDC classification:
  • 330 TRI-S
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Holdings
Item type Current library Collection Shelving location Call number Status Date due Barcode Item holds
Books Books BITS Pilani Hyderabad 330 General Stack (For lending) 330 TRI-S (Browse shelf(Opens below)) Available 38504
Total holds: 0

This book examines how contemporary financial economy evolved as the predominant economic system and why unabated accumulation of financial capital takes place in such systems. It reviews the mechanics of accumulation of wealth by tracing the historical roots of financial capital. Traversing the evolutions of capitalist systems since the 1850s till recent times, the book provides a lucid and logical explanation of the phenomenon. It uses a new methodology based on economic circuit of stocks and flows and provides an alternative framework for studying economic systems design, keeping aside the orthodox neoclassical analysis of equilibrium market exchange.

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