EAN: 9783319417929

INNOVATIONS LEAD TO ECONOMIC CRISES - JON-ARILD...

This book examines the link between innovation and economic crises through a systemic
philosophy of economic history. Taking the end of the Roman Empire as its starting point  the
author guides readers through six economic crises that have occurred up to the present day and
uncovers how these may have been triggered by a number of political  economic and technological
innovations. The author presents analyses on the Dutch tulip bubble of 1637  the Mississippi
bubble in eighteenth-century France  the development of the first limited liability company and
the world's first stock exchange before going on to discuss the latest economic crisis and its
links with globalisation and social connectivity following the technological advancement of the
internet. The author concludes by explaining how we can use knowledge of the links between
innovation and crises to frame a vital new model for policy makers and political leaders. The
result is a fascinating insight into the cause of economiccrises which will be of particular
interest to students and researchers of economic history  financial crises  innovation and
political science.

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