Financial Whirlpools: A Systems Story of the Great Global Recession
()
About this ebook
How do economists reconcile their expertise with their failures to predict and manage the 2008 financial crisis? This book goes a long way toward an answer by using systems theory to reveal the complex interdependence of factors and forces behind the crisis. In her fully integrated view of the economy, how it works, and how the economic crisis burst, Karen Higgins combines human psychology, cultural values, and belief formation with descriptions of the ways banks and markets succeed and fail. In each chapter she introduces themes from financial crisis literature and brings a systems-theory treatment of them. Her methodology and visual presentations both develop the tools of systems theory and apply these tools to the financial crisis. Not just another volume about the crisis, this book challenges the status quo through its unique multidisciplinary approach.
- Presents a broad global view of international economic health and international corporate health
- Describes how policies, regulations, and trends dating to the 1950s influenced the crisis
- Assumes readers possess a general familiarity of economics and finance
Karen L. Higgins
Dr. Karen Higgins has a B.S. in Mathematics, M.S. in Electrical Engineering, and an MBA and PhD in Executive Management. She has extensive experience in executive leadership and in leading research and engineering teams. Throughout her 32-year career with the Naval Air Warfare Center, Weapons Division at China Lake and Pt. Mugu, California she held technical, functional, project and executive management positions for efforts that integrate state-of-the-art and commonly-used weapons systems onto some of the newest jet fighter aircraft. As a member of the Senior Executive Service, she was one of the most senior civilians within the U.S. Department of Defense. In her Executive Director and Director for Research and Engineering roles, she had responsibility for a $1B budget and over 5,000 employees. She has received the highest civilian awards for her services to the Navy and the Department of Defense. As President of ÉLAN Leadership Concepts, Dr. Higgins serves as a leadership consultant for government and industry. She is an adjunct professor at Claremont Graduate University, where she teaches Project Management, Systems Thinking, and Morality & Leadership. She enjoys her grandchildren, practices yoga, does research, and writes. Her recent book, Financial Whirlpools (2013), analyzes the financial crisis of 2008-2009 using a systems perspective. Her second book, Economic Growth and Sustainability (in print, 2014), investigates the relationship among Economy, Environment and Society also using a systems perspective. On a personal note, she enjoys ballroom dancing and "loves, loves, loves" the LA Clippers! Affiliations: Claremont Graduate University, Claremont, CA, USA (Adjunct Professor) ÉLAN Leadership Concepts, Ridgecrest, CA, USA (President) Effective Edge, Austin TX, USA (Performance Catalyst) Personal website: http://www.systems-sense.com Expertise Executive leadership, project management, systems thinking, sustainability, ethics, interpersonal communication, culture shaping
Related to Financial Whirlpools
Related ebooks
Exotic Option Pricing and Advanced Lévy Models Rating: 0 out of 5 stars0 ratingsUnlocking Home: Three Keys to Affordable Communities Rating: 0 out of 5 stars0 ratingsFinancial Fundamentals Rating: 0 out of 5 stars0 ratingsClassical Financial Mathematics: Basic Ideas, Central Formulas and Terms at a Glance Rating: 0 out of 5 stars0 ratingsPossibility Unleashed: Pathbreaking Lessons for Making Change Happen in Your Organization and Beyond Rating: 0 out of 5 stars0 ratingsConstitutional Arrangements of the Republic of Ghana and the Federal Republic of Nigeria: 1844 – 1992 Third Edition Rating: 0 out of 5 stars0 ratingsAmerican Gridlock: Why the Right and Left Are Both Wrong - Commonsense 101 Solutions to the Economic Crises Rating: 3 out of 5 stars3/5Business Biographies: Shaken, Not Stirred ... with a Twist Rating: 0 out of 5 stars0 ratingsWorkforce Development A Complete Guide - 2020 Edition Rating: 0 out of 5 stars0 ratingsMoney Well Spent: A Strategic Plan for Smart Philanthropy, Second Edition Rating: 0 out of 5 stars0 ratingsWhat is Transparency? Rating: 0 out of 5 stars0 ratingsEconomic Development for the Team Rating: 0 out of 5 stars0 ratingsFields of Gold: Financing the Global Land Rush Rating: 0 out of 5 stars0 ratingsOppressed Workers Handbook Rating: 0 out of 5 stars0 ratingsThe Six Sigma Handbook, Sixth Edition: A Complete Guide for Green Belts, Black Belts, and Managers at All Levels Rating: 0 out of 5 stars0 ratingsOn the Wealth of Nations Rating: 3 out of 5 stars3/5From Walden to Wall Street: Frontiers of Conservation Finance Rating: 4 out of 5 stars4/5Market Insanity: A Brief Guide to Diagnosing the Madness in the Stock Market Rating: 0 out of 5 stars0 ratingsThe Five Little Business Pigs: Helping Reluctant Business Owners build simple profitable businesses they love Rating: 0 out of 5 stars0 ratingsRivers of Gold: Designing Markets To Allocate Water In California Rating: 5 out of 5 stars5/5Skill Sharpening: A Panacea for Unemployment Rating: 0 out of 5 stars0 ratings5 Patterns of Extraordinary Careers (Review and Analysis of Citrin and Smith's Book) Rating: 0 out of 5 stars0 ratingsStress Management Rating: 0 out of 5 stars0 ratingsGive Me A Boost!: The Under-Resourced Entrepreneur's Handbook for Growing & Scaling Your Business Rating: 0 out of 5 stars0 ratingsRich People Poor Countries: The Rise of Emerging-Market Tycoons and Their Mega Firms Rating: 0 out of 5 stars0 ratingsFeeding future generations: How finance can boost innovation in agri-food - Executive Summary Rating: 0 out of 5 stars0 ratingsThe Dogfish Head Book: 26 Years of Off-Centered Adventures Rating: 0 out of 5 stars0 ratingsOn The Principles of Political Economy, and Taxation Rating: 0 out of 5 stars0 ratingsBeyond Mechanical Markets: Asset Price Swings, Risk, and the Role of the State Rating: 2 out of 5 stars2/5The Growth of Community Land Trusts in England and Europe Rating: 0 out of 5 stars0 ratings
Finance & Money Management For You
The Richest Man in Babylon Rating: 4 out of 5 stars4/5The Great Reset: And the War for the World Rating: 4 out of 5 stars4/5Good to Great: Why Some Companies Make the Leap...And Others Don't Rating: 4 out of 5 stars4/5The Intelligent Investor, Rev. Ed: The Definitive Book on Value Investing Rating: 4 out of 5 stars4/5Set for Life: An All-Out Approach to Early Financial Freedom Rating: 4 out of 5 stars4/5The Psychology of Money: Timeless lessons on wealth, greed, and happiness Rating: 5 out of 5 stars5/5Capitalism and Freedom Rating: 4 out of 5 stars4/5Just Keep Buying: Proven ways to save money and build your wealth Rating: 5 out of 5 stars5/5The 7 Habits of Highly Effective People: 15th Anniversary Infographics Edition Rating: 5 out of 5 stars5/5The Great Awakening: Defeating the Globalists and Launching the Next Great Renaissance Rating: 4 out of 5 stars4/5Financial Words You Should Know: Over 1,000 Essential Investment, Accounting, Real Estate, and Tax Words Rating: 4 out of 5 stars4/5Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple Rating: 5 out of 5 stars5/5The Freedom Shortcut: How Anyone Can Generate True Passive Income Online, Escape the 9-5, and Live Anywhere Rating: 5 out of 5 stars5/5Principles: Life and Work Rating: 4 out of 5 stars4/5The Tax and Legal Playbook: Game-Changing Solutions To Your Small Business Questions Rating: 3 out of 5 stars3/5Wealthology: The Science of Smashing Money Blocks Rating: 3 out of 5 stars3/5The Total Money Makeover by Dave Ramsey: Summary and Analysis Rating: 4 out of 5 stars4/5The Book on Advanced Tax Strategies: Cracking the Code for Savvy Real Estate Investors Rating: 4 out of 5 stars4/5Built to Last: Successful Habits of Visionary Companies Rating: 4 out of 5 stars4/5Retire Before Mom and Dad: The Simple Numbers Behind A Lifetime of Financial Freedom Rating: 4 out of 5 stars4/5How to Make Money in Stocks: A Winning System in Good Times and Bad, Fourth Edition Rating: 5 out of 5 stars5/5Family Trusts: A Guide for Beneficiaries, Trustees, Trust Protectors, and Trust Creators Rating: 5 out of 5 stars5/5Quiet Leadership: Six Steps to Transforming Performance at Work Rating: 4 out of 5 stars4/5ABCs of Buying Rental Property: How You Can Achieve Financial Freedom in Five Years Rating: 5 out of 5 stars5/5
Reviews for Financial Whirlpools
0 ratings0 reviews