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Day: August 21, 2021

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Category: Featured/RECASP

McMahon, ‘Reconsidering Systemic Fear and the Stock Market’

Posted On August 21, 2021 By Blair Fix

Reconsidering Systemic Fear and the Stock Market A Reply to Baines and Hager JAMES MCMAHON August 2021 Abstract This article responds to Baines and Hager’s recent critique of the capital-as-power model of the stock market. Proposed by Bichler and Nitzan, this model seeks to explain how financial crises are tied to the concept of ‘systemic […]

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