No Way to Run an Economy: Why the System Failed and How to Put It Right
Graham Turner
Gebundenes Buch

No Way to Run an Economy: Why the System Failed and How to Put It Right

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In "The Credit Crunch," Graham Turner predicted that banks would be nationalised and interest rates would be reduced too slowly to halt the crisis. His predictions were correct. His new book, "No Way to Run an Economy," is the essential guide to the turbulent times ahead. Turner recommended radical measures, such as quantitative easing, in early 2008 but argues that action has been taken too late and been too timid to make a real difference. He dissects the policy mistakes of the last 12 months including Obama's doomed market-led response to the crisis and the obsession of central banks with t...