There is virtually universal agreement that the fundamental cause of the global economic and financial crisis of 2007-2009 was the combination of a credit boom and a housing bubble, but it is much less clear why this combination of events led to such a severe financial crisis. Manufacturing Tail Risk: A Perspective on the Financial Crisis of 2007-2009 argues that what made this economic shock unique and led to such a severe financial crisis was the behavior of many of the large, complex financial institutions (LCFIs) that today dominate the financial industry. These LCFIs ignored their own...
There is virtually universal agreement that the fundamental cause of the global economic and financial crisis of 2007-2009 was the combination of a cr...
Back to the Lake 3e includes new chapters on writing paragraphs and using rhetorical modes in academic writing--which shows how the patterns taught in this book are used in the kinds of writing college students are expected to do. New readings are on timely topics that will engage students. Templates and marginal notes that explicitly link the readings and the writing instruction help students apply the lessons in this book to their own writing.
Back to the Lake 3e includes new chapters on writing paragraphs and using rhetorical modes in academic writing--which shows how the patterns ...