Financial Markets: From Efficiency to Intrinsic Instability

David Bourghelle ()
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David Bourghelle: Université de Lille

Chapter Chapter 11 in Ecological Economics and Finance, 2025, pp 105-114 from Springer

Abstract: Abstract Finance refers to all the means and instruments that enable economic agents to temporarily spend more than they earn. Households, companies, governments, and all organizations planning investments can thus finance the “advances” that their consumption and investment activities entail.

Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-71249-4_11

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DOI: 10.1007/978-3-031-71249-4_11

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