ΧΡΗΜΑΤΟΠΙΣΤΩΤΙΚΕΣ ΦΟΥΣΚΕΣ, ΜΑΝΙΕΣ & ΚΡΙΣΕΙΣ. ΑΠΌ ΤΗΝ ΚΡΙΣΗ ΤΩΝ ΤΟΥΛΙΠΩΝ (1620) ΕΩΣ ΣΗΜΕΡΑ

Εισαγωγική διάλεξη που θα τοποθετήσει το περίγραμμα του μαθήματος και την σχέση της οικονομικής θεωρίας με την ιστορική της πραγματικότητα.

*Robert Z. Aliber; Charles Poor Kindleberger; Charles Poor Kindleberger, 2011, Manias, panics, and crashes: a history of financial crises, London: Palgrave Macmillan διαβάστε σελ. 1-37.

*Niebyl, Karl H. 1946. Studies in the Classical Theories of Money. New York: Columbia University Press

*Boulding, K. E. (1971). ‘After Samuelson, who needs Adam Smith?’ History of Political Economy, vol. 3, no. 2, 225–37

Chick, Victoria. 1993a. “The Evolution of the Banking System and the Theory of Monetary Policy”, in Stephen F. Frowen, (ed.), Monetary Theory and Monetary Policy, London: Macmillan. 79-92

Stark, Werner. 1944. The History of Economics in Its Relation to Social Development. London: Routledge  

Chick, Victoria. 1999. Karl Niebyl’s Methodology: Classical Monetary Theory in Historical Context, mimeo. In V. Chick’s archive, Goldsmiths, University of London

Chick, Victoria. 2005. “Lost and Found: Some History of Endogenous Money in the Twentieth Century” in G. Fontana, R. Realfonzo. eds. The Monetary Theory of Production: Tradition and Perspectives. London: Palgrave Macmillan. 53-66.

Blaug, Mark (2001) ‘No History of Ideas, Please, We’re Economists’, Journal of Economic Perspectives, 15 (1), pp. 145-164.

Theocarakis, N. (2014) ‘A commentary on Alessandro Roncaglia’s paper: “Should the History of Economic Thought be Included in Undergraduate Curricula?”’. Economic Thought, 3.1, pp. 10-20.

Repapis, Constantinos. 2021. W. Stark, J.M. Keynes, and the Mercantilists. Journal of the History of Economic Thought, 43(1), pp. 27-54. ISSN 1053-8372

*De La Vega, 1688, Confusion De Confusiones, Θα διαβάσουμε αποσπάσματα σε αγγλική μετάφραση από τον Hermann Kellenbenz, έκδοση Kress Library publication #13, 1957.

*Cihan Bilginsoy, 2015, A history of financial crises: dreams and follies of expectations, Κεφάλαιο 2 που ασχολείται με την κρίση των τουλιπών.

*John Kenneth Galbraith, 1996, A short history of financial euphoria, New York: Penguin, Κεφάλαιο 2 σχετικό με την ‘παράλογη’ συμπεριφορά.

Earl A. Thompson, 2007, “The tulipmania: Fact or artifact?”, Public Choice, volume 130, pages 99–114

*Peter M. Garber, 1990, “Famous First Bubbles”, JOURNAL OF ECONOMIC PERSPECTIVES, VOL. 4, NO. 2, pp. 35-54.

Peter M. Garber, 1989, “Tulipmania”, Journal of Political Economy, Vol. 97, No. 3, pp. 535-560

Charles Mackay, 1932, Extraordinary popular delusions and the madness of crowds, L.C. Page and Company.

Anne Goldgar, 2007, Tulipmania: money, honor, and knowledge in the Dutch golden age, Chicago: University of Chicago Press.

Mike Dash, 2010, Tulipomania: The Story of the World's Most Coveted Flower and the Extraordinary Passions it Aroused, London: Weidenfeld and Nicolson.

Lodewijk Petram, Lynne Richards, 2014, The World's First Stock Exchange (Columbia Business School Publishing), Columbia: Columbia University Press

Petram, L. O., 2011, The world’s first stock exchange: how the Amsterdam market for Dutch East India Company shares became a modern securities market, 1602-1700, Thesis, Universiteit van Amsterdam]. Eigen Beheer.

*John Law, 1705, Money and trade considered [θα χρησιμοποιήσουμε την έκδοση του 2013, Newton Page].

*Antoin E. Murphy, 2009, The genesis of macroeconomics: new ideas from Sir William Petty to Henry Thornton, Oxford: Oxford University Press διαβάστε το τρίτο κεφάλαιο που ασχολείται με το νομισματικό σύστημα του John Law.

*Cihan Bilginsoy, 2015, A history of financial crises: dreams and follies of expectations, διαβάστε τα κεφάλαια 3 και 4.

William N. Goetzmann, 2013, The Great mirror of folly: finance, culture, and the crash of 1720, διαβάστε τα κεφάλαια 5 και 6, σελίδες 89-105 (αξίζει και το κεφάλαιο 4).

John Law, 1994, Essay on a land bank, Dublin: Aeon Publishing.

Antoin E. Murphy, John Law: Economic Theorist and Policy-maker, Oxford: Oxford University Press.

John Berdell, 2017, «The Structure and Stability of John Law’s Early Land Bank Proposals», Œconomia, 7-4, 459-479.

Murphy, Antoin E. 2006. Nicolas Du Tot and John Law. In Yiorgos Stathakis and Gianni Vaggi (eds), Economic Development and Social Change. London: Routledge, 312-348.

Edward Chancellor, 2000, Devil take the hindmost: a history of financial speculation,  διαβάστε το κεφάλαιο 3, σελίδες 58-95

Neal, Larry. 2012. "I Am Not Master of Events": The Speculations of John Law and Lord Londonderry in the Mississippi and South Sea Bubbles. New Haven, CT: Yale University Press.

Anne L. Murphy, 2012, The origins of English financial markets: investment and speculation before the South Sea Bubble,

Velde, François R. 2012. The Life and Times of Nicolas Dutot. Journal of the History of Economic Thought, 34(01): 67-107.

Ron Harris, 1994, The Bubble Act: Its Passage and Its Effects on Business Organization, The Journal of Economic History, Volume 54 (3), pp. 610 - 627

Virginia Cowles, 2018, The great swindle: the history of the South Sea Bubble, London: Sharpe Books

*Henry Thornton, 1802, An Enquiry into the Nature and Effects of the Paper Credit of Great Britain, London: George Allen and Unwin, 1802 [με την εισαγωγή του Friedrich Hayek, Augustus M. Kenney publishers, 1978].

*Robert Z. Aliber; Charles Poor Kindleberger; Charles Poor Kindleberger, 2011, Manias, panics, and crashes: a history of financial crises, London: Palgrave Macmillan διαβάστε σελ. 213-228).

*Antoin E. Murphy, 2009, The genesis of macroeconomics: new ideas from Sir William Petty to Henry Thornton, Oxford: Oxford University Press, διαβάστε το ένατο κεφάλαιο που ασχολείται με τον Thornton.

Arie Arnon, 2011, Monetary theory and policy from Hume and Smith to Wicksell: money, credit, and the economy, Cambridge: Cambridge University Press, κεφάλαιο 7 (σελ. 96-125).

Edward Chancellor, 2000, Devil take the hindmost: a history of financial speculation, Plume Books. Διαβάστε το 4^ο κεφάλαιο, σελ. 96-121.

Chales Goodhart, 1988, The Evolution of Central Banks, Cambridge: MIT Press

Sheila C. Dow, John Smithin, 1992, “FREE BANKING IN SCOTLAND, 1695–1845”, Scottish Journal of Political Economy, Volume 39 (4), σελ. 374-390

Friedrich A. von Hayek, 2007, Denationalisation of money - the argument refined: an analysis of the theory and practice of concurrent currencies, London: Institute of Economic Affairs

Antoin Murphy, 2003, Paper credit and the multi-personae Mr. Henry Thornton, The European Journal of the History of Economic Thought, vol. 10, σελ. 429-453

Lawrence H. White, 1990, The Evolution of Central Banks by Charles Goodhart, Economica, New Series, Vol. 57, No. 225, σελ. 135-137

Lawrence H. White, 1984, Free Banking in Britain: Theory, Experience, and Debate, 1800-1845, New York: Cambridge University Press.

*Hobson, J.A., 1910, The Industrial System: An Enquiry on Earned and Unearned Income, London: Longmans, Green and Co.  

*Friedman, Milton, 1990, “The Crime of 1873” Journal of Political Economy, Vol. 98 (6), σελ. 1159-1194

*A. E. Musson, 1959, The Great Depression in Britain, 1873-1896: A Reappraisal, The Journal of Economic History, Vol. 19 (2), σελ. 199-228

Milton Friedman, 1990, “Bimetallism Revisited” The Journal of Economic Perspectives, Vol. 4 (4), σελ.  85-104

B. Saul, 1969, The myth of the Great Depression, 1873-1896, London: Palgrave Macmillan

Hobson, J.A., 1895, The Evolution of Modern Capitalism: A study of Machine Production, London: Walter Scott

Samuel Bernstein, 1956, American Labor in the Long Depression, 1873-1878, Science & Society, Vol. 20 (1), σελ. 59-83

Milton Friedman, A. Schwartz, 1971, A Monetary History of the United States: 1867–1960, Princeton: Princeton University Press.

Thomas J. Sargent and Bruce D. Smith, 1997, “Coinage, Debasements, and Gresham's Laws”, Economic Theory, Vol. 10, No. 2, σελ. 197-226

Edward Chancellor, 2000, Devil take the hindmost: a history of financial speculation, κεφαλαίο 6, σελ. 152-190.

J. Coppock, 1964, “British Industrial Growth during the 'Great Depression' (1873-96): A Pessimist's View”, The Economic History Review, New Series, Vol. 17, No. 2, σελ. 389-396

E. Musson, 1964, “British Industrial Growth, 1873-96: A Balanced View”, The Economic History Review, New Series, Vol. 17, No. 2, σελ. 397-403

*Fisher, I. (1933) "The Debt-Deflation Theory of Great Depressions," Econometrica 1 (4): 337-57 Fisher, Debt deflation theory

*Eric Rauchway, 2008.  The Great Depression & the New Deal: a very short introduction. Κεφάλαιο 3

*John Kenneth Galbraith, 1994, A short history of financial euphoria, New York: Penguin. Κεφάλαιο 6

Bernanke, Ben, 2 March 2004, "Remarks by Governor Ben S. Bernanke: Money, Gold and the Great Depression". At the H. Parker Willis Lecture in Economic Policy, Washington and Lee University, Lexington, Virginia. Link: https://www.federalreserve.gov/boarddocs/speeches/2004/200403022/default.htm

Nicola Acocella; Giovanni Di Bartolomeo; Andrew Hughes Hallett, 2016, Macroeconomic paradigms and economic policy: from the Great Depression to the Great Recession, Cambridge: Cambridge University Press

Edward Chancellor, 2000, Devil take the hindmost: a history of financial speculation, Κεφάλαιο 7, σελ. 191-232.

Peter Temin and Gianni Toniolo, 2008, The World Economy between the Wars, Oxford: Oxford University Press.

Christina D. Romer, 1992, “What Ended the Great Depression?”, The Journal of Economic History, Vol. 52, No. 4, σελ. 757-784

Repapis, Constantinos, 2014, "J.M. Keynes, F.A. Hayek and the Common Reader" Economic Thought, 3 (2): 1-20

Repapis, Constantinos, 2011, "Hayek’s Business Cycle Theory during the 1930’s: A Critical Account of Its Development", History of Political Economy, 43:4, 699-742

Nicholas Crafts, Peter Fearon, 2010, Lessons from the 1930s Great Depression, Oxford Review of Economic Policy, Volume 26, Issue 3, σελ. 285–317

*Hyman P. Minsky, 2008, Stabilizing an unstable economy. Introduction by Dimitri B. Papadimitriou and L. Randall Wray, McGraw-Hill

*Richard Koo, 2009, The Holy Grail of macroeconomics: lessons from Japan's great recession, Singapore: John Wiley and sons. Κεφάλαιο 1

*Hoshi, Takeo, 2004, “Japan's Financial Crisis and Economic Stagnation”, The Journal of Economic Perspectives, VOL. 18, NO. 1, pp. 3-26

Hoshi, Takeo, 2011, “Financial Regulation: Lessons from the Recent Financial Crises”, Journal of Economic Literature, VOL. 49, NO. 1, pp. 120-28

Hyman P. Minsky, 1982, Can It Happen Again?: Essays on Instability and Finance, London: Routledge

Finn E. Kydland; Edward C. Prescott, 1977, “Rules Rather than Discretion: The Inconsistency of Optimal Plans”, Journal of Political Economy, Vol. 85, No. 3, pp. 473-492

Edward Chancellor, 2000, Devil take the hindmost: a history of financial speculation, Read Chapter 9 on Kamikaze Capitalism.

Dimitri B. Papadimitriou; L. Randall Wray, 2010, The Elgar companion to Hyman Minsky, Edward Elgar

Takeo Hoshi, 2002, “The convoy system for insolvent banks: how it originally worked and why it failed in the 1990s”, Japan and the World Economy, Volume 14, Issue 2, σελ. 155-180

Kunio Okina, Masaaki Shirakawa, and Shigenori Shiratsuka, 2001, “The Asset Price Bubble and Monetary Policy: Japan’s Experience in the Late 1980s and the Lessons”, MONETARY AND ECONOMIC STUDIES (SPECIAL EDITION), σελ. 395-450.

* Furman, J. and Stiglitz, J., 1998, ‘Economic Crises: Evidence and Insights from East Asia’, Brookings Papers on Economic Activity, Vol. 29, No. 2, σελ. 1–136.

* Joseph E. Stiglitz, 1999, “Reforming the Global Economic Architecture: Lessons from Recent Crises”, The Journal of Finance, Vol. 54, No. 4, σελ. 1508-1521

*Gabriel Palma, 2000, “The Three Routes to Financial Crises: The Need for Capital Controls”, Center for Economic Policy Analysis working paper series n. 18, σελ. 1-53.

Giancarlo Corsetti, Paolo Pesenti, Nouriel Roubini, 1999, “What caused the Asian currency and financial crisis?” Japan and the World Economy, Volume 11, Issue 3, σελ. 305-373

Joseph Stiglitz, 2001, Failure of the Fund. Rethinking the IMF response, Harvard International Review, vol. 14 σελ. 14-18

Sebastian Edwards, (ed.) 2007, Capital Controls and Capital Flows in Emerging Economies Policies, Practices, and Consequences, National Bureau of Economic Research Conference Report, Chicago: The University of Chicago Press.

*Cihan Bilginsoy, 2015, A history of financial crises: dreams and follies of expectations, κεφάλαια 5, 6 και 14.

*Robert J. Shiller, 2014, “Speculative Asset Prices”, American Economic Review, 104(6): 1486–1517

*Burton G. Malkiel, 2003, “The Efficient Market Hypothesis and Its Critics”, JOURNAL OF ECONOMIC PERSPECTIVES, VOL. 17, NO. 1, σελ. 59-82.

Robert J. Shiller, 2003, “From Efficient Markets Theory to Behavioral Finance”, JOURNAL OF ECONOMIC PERSPECTIVES, VOL. 17, NO. 1, σελ. 83-104.

Robert J. Shiller, 2000, Irrational Exuberance, Princeton: Princeton University Press

Edward Chancellor, 2000, Devil take the hindmost: a history of financial speculation, κεφάλαιο 10.

Michelle Baddeley, 2018, Copycats and contrarians: why we follow others ... and when we don't, Yale: Yale University Press

George A. Akerlof; Robert J. Shiller, 2010, Animal spirits: how human psychology drives the economy, and why it matters for global capitalism, Princeton: Princeton University Press.

Fama, Eugene F., 1970, “Efficient Capital Markets: A Review of Theory and Empirical Work”, Journal of Finance, 25(2): 383–417.

*Dow S., 2017, “Central banking in the twenty-first century.” Cambridge Journal of Economics, 41 (6), pp. 1539-1557.

*Gennaioli, Nicola, Andrei Shleifer, and Robert Vishny. 2015. "Neglected Risks: The Psychology of Financial Crises." American Economic Review, 105 (5): 310-14

*Samuel G. Hanson, Anil K Kashyap, and Jeremy C. Stein, 2011, “A Macroprudential Approach to Financial Regulation”, Journal of Economic Perspectives, 25 (1). pages 3–28

Nicola Gennaioli; Andrei Shleifer, 2018, A crisis of beliefs: investor psychology and financial fragility, Princeton: Princeton University Press.

Donald A. MacKenzie, 2008, An engine, not a camera: how financial models shape markets, Mass: MIT Press.

Ben Bernanke, 2015, The courage to act: a memoir of a crisis and its aftermath, W. W. Norton & Company.

Charles A.E. Goodhart; Haizhou Huang, 2005, The lender of last resort, Journal of Banking & Finance, Volume 29, Issue 5, May 2005, Pages 1059-1082

Charles A.E. Goodhart and Rosa M. Lastra, 2023, Lender of Last Resort and Moral Hazard, LSE: memeo.

Victoria Chick, 2013, “The Current Banking Crisis in the UK: An Evolutionary View”, in Jocelyn Pixley and G.C. Harcourt, (ed.), Financial crises and the nature of capitalist money. Mutual developments from the work of Goeffrey Ingham, London: Palgrave Macmillan

Victoria Chick, 2008, “Could the crisis at Northern Rock have been predicted? An Evolutionary Approach”, Contributions to Political Economy, 27, 115-124

Charles Goodhart, Daniela Gabor, Jakob Vestergaard, Ismail Ertürk (ed.), 2014, Central Banking at a Crossroads: Europe and Beyond, Anthem Frontiers of Global Political Economy, Anthem Press

Michael D. Bordo; William Roberds, (ed.) 2013, The origins, history, and future of the Federal Reserve: a return to Jekyll Island, Cambridge: Cambridge University Press.

Joseph E. Stiglitz, 2011, “Rethinking Macroeconomics: What Went Wrong and How to Fix It”, Global Policy, Volume2, Issue 2, σελ. 165-175