Das Ende der Weltwirtschaft und ihre Zukunft

Annual 2002
17 (2003), 159–218.
    29
    Die Literatur zum langen Aufschwung ist umfangreich. Siehe z. B. Shaghil Ahmed, Andrew Levin und Beth Anne Wilson: »Recent
     U.S. Macroeconomic Stability: Good, Policies, Good Practices, or Good Luck?«,
Review of Economics and Statistics
86 (2004), S. 824–832; James Kahn, Margaret McConnell und Gabriel Perez-Quiros: »On the Causes of the Increased Stability
     of the U.S. Economy«, Federal Reserve Bank of New York,
Economic Policy Review
8 (2002), 183–202; Jordi Gali und Luca Gambetti: »On the Sources of the Great Moderation«,
American Economic Journal: Macroeconomics
1 (2009), 26–57.
    30
    »›The Great Moderation‹, Remarks by Governor Ben S. Bernanke at the meetings of the Eastern Economic Association, Washington,
     DC«, 20. Februar 2004, online verfügbar unter http://www.federalreserve.gov/​BOARDDOCS/​SPEECHES/​2004/​20040220/​default.htm .
    31
    Paul Krugman:
The Return of Depression Economics
(New York: W. W. Norton, 1999), 60–82; Takatoshi Ito: »Retrospective on the Bubble Period |424| and Its Relationship to Developments in the 1990s«,
World Economy
26 (2003), 283–300; Mitsuhiro Fukao. »Japan’s Lost Decade and Its Financial System«,
World Economy
26 (2003), 365–384.
    32
    Harald A. Benink und David T. Llewellyn: »Fragile Banking in Norway, Sweden and Finland: An Empirical Analysis«,
Journal of International Financial Markets, Institutions and Money
4 (1994), 5–19.
    33
    Timothy Curry und Lynn Shibut: »The Cost of the Savings and Loan Crisis: Truth and Consequences«,
FDIC Banking Review
13 (2000), 26– 35.
    34
    Nouriel Roubini und Brad Setser:
Bailouts or Bail-Ins? Responding to Financial Crises in Emerging Economies
(Washington: Institute for International Economics, 2004).
    35
    Roger Lowenstein:
When Genius Failed: The Rise and Fall of Long-Term Capital Management
(New York: Random House, 2000).
    36
    Rouini und Setser,
Bailouts or Bail-Ins
, 61–70.
    37
    Daniela Deane: »In Real Estate Fever, More Signs of Sickness«,
Washington Post
, 17. April 2005.
    38
    Aldous Huxley,
The Devils of Loudun
(London: Chatto and Windus, 1952), 259.
    39
    Siehe z. B. Ruth Gledhill: »Rowan Williams Says ›Human Greed‹ to Blame for Financial Crisis«,
The Times
, 15. Oktober 2008.
    40
    Alan Greenspan: »›Consumer Credit and Financial Modernization,‹ remarks to Economic Development Conference of the Greenlining
     Institute«, 11. Oktober 1997, online verfügbar unter http://www.federalreserve.gov/​boarddocs/​speeches/​1997/​19971011.htm .
    41
    »Remarks of Chairman Alan Greenspan at the Federal Reserve System’s Fourth Annual Community Affairs Research Conference«,
     8. April 2005, online verfügbar unter http://www.federalreserve.gov/​BoardDocs/​speeches/​2005/​20050408/​default.htm .
    42
    Jean Claude Trichet: »Activism and Alertness in Monetary Policy«, Vortrag gehalten auf einer Tagung über Zentralbanken im
     21. Jahrhundert, 8. Juni 2006, online verfügbar unter http://www.ecb.int/​ press/key/date/2006/html/sp060608_1.en.html.
     
     
    |425| 2. Krisenökonomie
     
    1
    John Maynard Keynes:
The General Theory of Employment, Interest, and Money
, 383.
    2
    Adam Smith:
An Inquiry into the Nature and Causes of the Wealth of Nations
, Bd. 3 (London: Charles Knight, 1835), 112; Robert L. Heilbroner und Lester C. Thurow:
Economics Explained
(New York: Touchstone, 1987), 25–31.
    3
    Denis P. O’Brien: »Classical Economics«, in Warren J. Samuels, Jeff E. Biddle und John B. Davis (Hg.):
A Companion to the History of Economic Though t
(Oxford: Blackwell Publishing, 2003), 112–129; Alessandro Roncaglia:
The Wealth of Ideas: A History of Economic Thought
(Cambridge: Cambridge University Press, 2005), 179–243, 278–296, 322–383.
    4
    Louis Bachelier: »
Théorie de la spéculation
«, in
Annales Scientifiques de l’École Normale Supérieure
3 (1900), 21–86; Justin Fox:
The Myth of the Rational Market: A History of Risk, Reward, and Delusion on Wall Street
(New York: Harper Business, 2009), 6–8.
    5
    John Kenneth Galbraith:
The Great Crash, 1929
(Boston: Houghton Mifflin, 1954), 75.
    6
    Fox:
Myth of the Rational Market
, 89–107.
    7
    Burton G. Malkiel:
A Random Walk Down Wall Street
(New York: W. W. Norton, 1973).
    8
    Andrew W. Lo und A. Craig MacKinlay:
A Non-Random Walk Down Wall Street
(Princeton, New Jersey: Princeton University Press, 1999), 6.
    9
    Robert J. Shiller: »Consumption, Asset Markets and