Nitzan, JonathanBichler, Shimshon2023-05-092023-05-092009Contours of Crisis III: Systemic Fear and Forward-Looking Finance. Nitzan, Jonathan and Bichler, Shimshon. (2009). Dollars & Sense. June. (Article - Magazine; English).http://hdl.handle.net/10315/41115asset pricing capitalization discounting fear of death forward-looking systemic crisisThe rituals of finance condition investors to look forward and price assets based on expected future earnings. But what happens during a systemic crisis, when the future of capitalism itself is in doubt?Article