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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

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  • Salewa Yinka Olawoye

    (University of Missouri)

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.

Suggested Citation

  • Salewa Yinka Olawoye, 2014. "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," Review of Keynesian Economics, Edward Elgar Publishing, vol. 2(1), pages 125-127, January.
  • Handle: RePEc:elg:rokejn:v:2:y:2014:i:1:p125-127
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