Book review: Charles A.E. Goodhart and Dimitrios P. Tsomocos, Financial Stability in Practice: Towards an Uncertain Future (Edward Elgar, Cheltenham, UK and Northampton, MA, USA 2012) 552 pp

Salewa Yinka Olawoye
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Salewa Yinka Olawoye: University of Missouri

Review of Keynesian Economics, 2014, vol. 2, issue 1, 125-127

Abstract: The recent 2008 global financial crisis forced a fundamental movement in the direction of financial regulation. Financial Stability in Practice: Towards an Uncertain Future by Goodhart and Tsomocos is a collection of articles on financial (in)stability and financial regulation that provide an avenue for a better understanding and maintenance of financial stability. Goodhart and Tsomocos point out that there is no proper definition for financial stability except that it is a lack of financial instability in the system.

Date: 2014
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