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The global financial crisis, neoclassical economics, and the neoliberal years of capitalism
Published 2010-06-01“…The 2008 global financial crisis was the consequence of financialization or the creation of massive fictitious financial wealth, and of the hegemony of a reactionary ideology, namely, neoliberalism, based on the self-regulated and efficient markets.Although laissez faire capitalism is intrinsically unstable, the lessons from the stock-market crash of 1929 and the Great Depression of the 1930s were transformed into theories and institutions that led to the “30 glorious years of capitalism”. …”
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42
T T ¯ $$ \textrm{T}\overline{\textrm{T}} $$ deformations from AdS2 to dS2
Published 2025-01-01“…In both setups a signature of the change from AdS to dS is that the heat capacity at a fixed deformation parameter of the boundary system changes sign, indicating the existence of a thermodynamically unstable de Sitter patch. …”
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43
The Car Following Model with Relative Speed in Front on the Three-Lane Road
Published 2018-01-01“…The stability criterion and neutral stability curve are obtained by linear stability theory. The nonlinear stability analysis is investigated further to get the solution of the modified Korteweg-de Vries (mKdV) equation and get the three areas of stability, metastability, and unstability. …”
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