Das Ende der Weltwirtschaft und ihre Zukunft

.
     
    Wheelock, David C., and Paul W. Wilson: »Why Do Banks Disappear? The Determinants of U.S. Bank Failures and Acquisitions.«
Review of Economics and Statistics 82
(2000): 127–138.
    White, Eugene (Hg.):
Crashes and Panics: The Lessons from History
. Home wood, Illinois: Business One Irwin, 1990.
    Wieland, Volker: »›Quantitative Easing: A Rationale and Some Evidence from Japan.‹ National Bureau of Economic Research Working
     Paper No. 15565«, Dezember 2009, online verfügbar unter http://www.wiwi.uni-frankfurt.de/​profs/​wieland/​volker/​docs/​Wieland_Japan_QE.pdf .
    Wilson, Jack, Richard E. Sylla und Charles P. Jones: »Financial Market Panics and Volatility in the Long Run, 1830–1988.«
     In: Eugene N. White (Hg.):
Crashes and Panics: The Lessons from History
. Homewood, Illi nois: Business One Irwin, 1990: 85–125.
    Wolf, Martin:
Fixing Global Finance
. Baltimore: Johns Hopkins University Press, 2008.
    Wray, L. Randall: »Minsky, the Global Financial Crisis, and the Prospects Before Us.«
Development
52 (2009): 302–307.
     
    Yehoue, Etienne B.: »›Emerging Economy Responses to the Global Financial Crisis of 2007–09: An Empirical Analysis of the Liquidity
     Easing Measures.‹ IMF Working Paper 09/265«, Dezember 2009. Online verfügbar unter http://www.imf.org/​external/​pubs/​ft/​wp/​2009/​wp09265.pdf .
     
    Zandi, Mark:
Financial Shock: A 360o Look at the Subprime Mortgage Implosion, and How to Avoid the Next Financial Crisis
. Upper Saddle River, New Jersey: Financial Times Press, 2008.
    Zimmermann, Klaus F.: »Coordinating International Responses to the Crisis.« A VoxEU.org. Publication, 9. Oktober 2008. Online
     verfügbar unter http://www.voxeu.org/​index.php?q=node/​2366 .

|420| Anmerkungen
    Einleitung
     
    1
    Deb Reichman, »Interview with Vice President Richard Cheney«, Associated Press, 8. Januar 2009.
    2
    Transkript von »Lecture and Discussion mit Nouriel Roubini«, International Monetary Fund, 7. September 2006.
    3
    Nouriel Roubini: »The Rising Risk of a Systemic Financial Meltdown: The Twelve Steps to Financial Disaster«, 5. Februar 2008,
     online verfügbar unter http://www.roubini.com/​analysis/​44763.php ; Stephen Mihm: »Dr. Doom«,
New York Times Magazine
, 15. August 2008.
    4
    Robert Shiller:
Irrational Exuberance
(Princeton, New Jersey: Princeton University Press, 2000, dt.:
Irrationaler Überschwang
, Frankfurt am Main/New York: Campus, 2000); Karl E. Case und Robert J. Shiller: »Is There a Bubble in the Housing Market?«,
Brookings Papers on Economic Activity
2 (2003), 299–362.
    5
    Raghuram G. Rajan: »Has Financial Development Made the World Riskier?«, Rede vom 27. August 2005 auf dem Symposion »The Greenspan
     Era: Lessons for the Future: A Symposium Sponsored by the Federal Reserve Bank of Kansas City, Jackson Hole, Wyoming«.
    6
    Justin Lahart: »NASDAQ: Five Years after the Peak«,
Wall Street Journal
, 7. März 2005.
    7
    Beat Balzli und Michaela Schiessl: »The Man Nobody Wanted to Hear«,
Der Spiegel
, 8. Juli 2009 (dt.: »Der Mann, der zu viel wusste«,
Der Spiegel
, 6. Juli 2009, http://www.spiegel.de/​spiegel/​print/​d-65955004.html ).
    8
    Nassim Nicholas Taleb:
The Black Swan: The Impact of the Highly Improbable
(New York: Random House, 2007).
    9
    |421| Maurice Obstfeld und Kenneth Rogoff: »›The Unsustainable US Current Account Position Revisited‹, NBER Working Paper No. 10869«,
     November 2004.
    10
    Brett Arends: »Economic ›Armageddon‹ Predicted«,
Boston Herald
, 23. November 2004.
    11
    John Maynard Keynes:
The General Theory of Employment, Interest, and Money
(New York: Harcourt, Brace and Company, 1936), 161.
    12
    Keynes:
General Theory
, 383.
    13
    John Maynard Keynes: »National Self-Sufficiency«,
The Yale Review
22 (1933), 760 f.
     
     
    1. Der weiße Schwan
     
    1
    Die beste Einzeldarstellung des Börsenkrachs bleibt diejenige von John Kenneth Galbraith:
The Great Crash, 1929
(Boston: Houghton Mifflin, 1954).
    2
    BenS.Bernanke:»›EconomicOutlook‹, TestimonybeforetheJointEconomic Committee, U.S. Congress«, 28. März 2007, online verfügbar
     unter: http://www.federalreserve.gov/​newsevents/​testimony/​bernanke20070328a.htm .
    3
    Aus dem Interview mit Paulson vom 26. Juli 2007. Kevin Carmichael und Peter Cook: »Paulson Says Subprime Rout Doesn’t Affect
     Economy«,
Bloomberg
, online verfügbar unter