A compelling and engaging explanation of how and why the economic downturn of 2007 became the Great Recession of 2008 and 2009. Sherman explores the root causes of the cycle of boom and bust of the economy, making a powerful argument that recessions and t
A compelling and engaging explanation of how and why the economic downturn of 2007 became the Great Recession of 2008 and 2009. Sherman explores the root causes of the cycle of boom and bust of the economy, making a powerful argument that recessions and t
Preface and Acknowledgments Part I. Problems of the Roller Coaster Economy 1. Boom, Bust, and Misery: The Curse of Capitalism 2. History of the Roller Coaster 3. Bush, Boom, and Bust Part II. Diagnosing the Roller Coaster 4. The Income Gap 5. The Consumption Gap 6. The Housing Crisis 7. Investment and Profit 8. The Credit Balloon and the Financial Crisis 9. Government Spending and Taxes 10. The Trade Gap: How Boom and Bust Spread Around the Globe Part III. Diagnosis and Cure of the Roller Coaster Economy 11. How Violent Profit Swings Cause the Roller Coaster 12. The Public Option for Health and Employment: How Democratization Can End the Busines Cycle References Index.
Preface and Acknowledgments Part I. Problems of the Roller Coaster Economy 1. Boom, Bust, and Misery: The Curse of Capitalism 2. History of the Roller Coaster 3. Bush, Boom, and Bust Part II. Diagnosing the Roller Coaster 4. The Income Gap 5. The Consumption Gap 6. The Housing Crisis 7. Investment and Profit 8. The Credit Balloon and the Financial Crisis 9. Government Spending and Taxes 10. The Trade Gap: How Boom and Bust Spread Around the Globe Part III. Diagnosis and Cure of the Roller Coaster Economy 11. How Violent Profit Swings Cause the Roller Coaster 12. The Public Option for Health and Employment: How Democratization Can End the Busines Cycle References Index.
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