Temporary economic crises

Cover -- Half Title -- Series Page -- Title Page -- Copyright Page -- Table of Contents -- Acknowledgements -- Introduction -- 1 Cyclonic ebbs and flows of trade -- Introduction -- From prudent to enthusiast and deranged traders -- The Dutch tulip crusaders -- National sovereignty and the state finance -- The end of the medieval era -- Equality before the guillotine -- Power of appropriation and expropriation -- Conclusion -- 2 High and low times of industrialization -- Introduction -- The cradle of industrialization -- Banking and money economy -- Great wars, revolutions, and depressions -- Hyperinflation and economic depression -- Empires and the Frankenstein states -- The generations of wars -- The pandemic of globalization -- Conclusion -- 3 Crypto-economy and trade cycle -- Introduction -- The last decades of the last millennium -- The new right and the old left -- The 2007-2008 credit depression -- Altruistic or self-serving subprime mortgage -- The predatory financial products -- Conclusion -- 4 Over-trading, trade cycles, and crises -- Introduction -- Parting with self-imposed blind faith -- From trade to over-trading -- Consolidation of three trends -- No poor on nature's banquet -- The original model of capitalism -- From trade cycle to economic crisis -- Two crises and three illusory capitalisms -- Conclusion -- 5 Economic crises and human propensity to extremism -- Introduction -- The root cause of the economic crisis -- Human propensity to extremism -- Monotheism, the extreme end of beliefs -- Atrocities - consigned to oblivion -- Embedded extremism in economics -- Conclusion -- 6 Coping with unknowns and human follies -- Introduction -- Digression from fatalism -- Every person can acquire knowledge -- Perfect and imperfect truths -- Liberty and pursuit of self-interest -- Economics of might is right.