Introduction -- Gerald A. Epstein and Martin H. Wolfson -- The great financial crisis : US dynamics and effects -- The origins of the US financial crisis of 2007 : how a house-price bubble, a credit bubble, and regulatory failure caused the greatest economic disaster since the Great Depression / Marc Jarsulic -- Speculation and asset bubbles / Dean Baker -- The great recession's impact on jobs, wages, and incomes / Josh Bivens and Heidi Shierholz -- Distribution and crisis : reviewing some of the linkages / Arjun Jayadev -- Housing markets and foreclosures / Rachel B. Drew and Christian E. Weller -- Theoretical approaches for understanding financial crises -- The realism of assumptions does matter : why Keynes-Minsky theory must replace efficient market theory as the guide to financial regulation policy / James Crotty -- Political economy approaches to financial crisis : Hyman Minsky's financial fragility hypothesis / Jan Kregel -- An institutional theory of financial crises / Martin H. Wolfson -- The anatomy of financial and economic crisis / Duncan K. Foley -- The global dimensions of financial crises -- The economic and financial crisis of 2008-2010 : the international dimension / Ajit Singh -- Global imbalances and the international monetary system : problems and proposals / Jane D'Arista and Korkut Erturk -- How the full opening of the capital account to highly liquid and unstable financial markets led Latin America to two and a half cycles of "mania, panic and crash" / José Gabriel Palma -- Financial and currency crises in Latin America / Mario Damill, Roberto Frenkel and Martin Rapetti -- The Asian financial crisis, financial restructuring, and the problem of contagion / C. P. Chandrasekhar and Jayati Ghosh -- Speculation and sovereign debt : an insidious interaction / Gerald A. Epstein and Pierre Habbard -- Whither the Euro? History and crisis of Europe's single-currency project / Robert Guttmann and Dominique Plihon -- The eurozone crisis through the prism of world money / Costas Lapavitsas -- The role of institutional and structural change in the development of financial crises -- Changes in the postwar global economy and the roots of the financial crisis / David M. Kotz -- Bank lending and the subprime crisis / Gary Dymski -- Deregulation and the new financial architecture / Damon Silvers -- What we don't talk about when we talk about banking / Jennifer S. Taub -- Derivatives in the crisis and financial reform / Michael Greenberger -- From innovation to financialization : how shareholder value ideology is destroying the US economy / William Lazonick -- Financialization and the global economy / Engelbert Stockhammer -- The international spread of financialization / William K. Tabb -- Policy and institutional change to limit financial crises -- International and regional cooperation for dealing with financial crises / Jose Antonio Ocampo -- Productive incoherence in a time of aperture : the IMF and the resurrection of capital controls / Ilene Grabel -- The Japanese boom and bust : "lean" and "clean" lessons / Robert N. McCauley -- The role of the federal reserve : lender of last resort / Christopher Rude -- Monetary policy and central banking after the crisis : the implications of rethinking macroeconomic theory / Thomas I. Palley -- The bailout of the "too big to fail" banks : never again / Fred Moseley -- The savings and loan crisis and bailout : lessons for policy / Dorene Isenberg -- Pension policies to minimize future economic crises / Teresa Ghilarducci -- A minskyan road to financial reform / L. Randall Wray -- The global financial crisis and Africa : the effects and policy responses / Zuzana Brixiova and Léonce Ndikumana -- Beyond capitalism? / Minqi Li.