The cost of capitalism : understanding market mayhem and stabilizing our economic future / Robert J. Barbera.

Includes bibliographical references (p. [225]-230) and index.

The postcrisis case for a new paradigm -- Part 1. Financial markets and monetary policy in perspective : The markets stoke the boom and bust cycle -- The ABCs of risky finance -- Financial markets as a source of instability -- Free market capitalism: still the superior strategy -- Monetary policy: not the wrong men, the wrong model -- Part 2. Economic experience: 1985-2002 : How financial instability emerged in the 1980s -- Financial mayhem in Asia: Japan's implosion and the Asian contagion -- Brave-new-world boom goes bust: the 1990s technology bubble -- Part 3. Emerging realities: 2007-2008 : Greenspan's conundrum fosters the housing bubble -- Bernanke's calamity and the onset of U.S. recession -- Domino defaults, global markets crisis, and end of the great moderation -- Part 4. Recasting economic theory for the twenty-first century : Economic orthodoxy on the eve of the crisis -- Minsky and monetary policy -- One practitioner's professional journey -- Global policy risks in the aftermath of the 2008 crisis.