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Housing Boom and Bust

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ISBN-10: 0465018807

ISBN-13: 9780465018802

Edition: 2009

Authors: Thomas Sowell

List price: $31.95
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Description:

This is a plain-English explanation of how we got into the current economic disaster that developed out of the economics and politics of the housing boom and bust. The ldquo;creativerdquo; financing of home mortgages and the even more ldquo;creativerdquo; marketing of financial securities based on American mortgages to countries around the world, are part of the story of how a financial house of cards was built up-and then suddenly collapsed.The politics behind all this is another story full of strange twists. No punches are pulled when discussing politicians of either party, the financial dangers they created, or the distractions they created later to escape their own responsibility for…    
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Book details

List price: $31.95
Copyright year: 2009
Publisher: Basic Books
Publication date: 5/12/2009
Binding: Hardcover
Pages: 208
Size: 6.50" wide x 9.50" long x 1.00" tall
Weight: 0.792
Language: English

Thomas Sowellhas taught economics at Cornell, UCLA, Amherst, and other academic institutions, and hisBasic Economicshas been translated into six languages. He is currently a scholar in residence at the Hoover Institution, Stanford University. He has published in both academic journals and in such popular media as theWall Street Journal,Forbesmagazine, andFortune, and he writes a syndicated column that appears in newspapers across the country.

Preface
The Economics of the Housing Boom
The Politics of the Housing Boom
The Housing Bust
Housing Mystiques and Housing Mistakes
The Past and the Future
Sources
Index