Contemporary Crisis: New Dimensions and Challenges
Abstract
The authors analyze the most important, in their opinion, specific features and preliminary results of the current world financial and economic crisis accenting attention on unique characteristics it has as compared to the previous ones. Those features are connected with the earlier never heard, of at least in the modern history, influence of information flows on dynamics, speed and scope of this crisis. Von Hayek mechanism of knowledge generation is analyzed from position of the modern crisis. An attempt to provide the data proving the hypothesis of information basement and mechanism of contemporary crisis transmission are also part of the article.
Keywords:
knowledge society, world economic crisis,, world economic crisis, real estate crisis, rationality, economic information
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Articles of the St Petersburg University Journal of Economic Studies are open access distributed under the terms of the License Agreement with Saint Petersburg State University, which permits to the authors unrestricted distribution and self-archiving free of charge.