The Iron Law of Financial Markets: Self-fulfilling Prophecies and Speculative Booms and Busts

This paper discusses the factors which, in the absence of strong financial regulation, sustain the Iron Law of the Financial Markets asserting that speculative booms and busts occur more or less regularly from 17 century to the present. The first factor is that financial markets are self-fulfilling...

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Bibliographic Details
Main Author: Ognjen Radonjić
Format: article
Language:EN
FR
SR
Published: University of Belgrade 2016
Subjects:
Online Access:https://doaj.org/article/b7fdff0a8a00466394b45136e760aa88
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