Unintended Consequences Why Everything You've Been Told about the Economy Is Wrong

Name: Unintended Consequences Why Everything You've Been Told about the Economy Is Wrong
Price: 3.3 USD
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ISBN: 9781591846307

ISBN-10: 1591846307

ISBN-13: 9781591846307

Edition: N/A

Authors: Edward Conard

List price: $17.00

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Description:

Was our country’s economic success before the Crash of ‘08 built on false pretenses? Did we simply borrow and spend too much, or was something else really going on? The conventional wisdom now accuses Wall Street and the mortgage industry of using predatory tactics to seduce homeowners. Meanwhile, average Americans are blamed for increasing consumption to unsustainable levels by borrowing recklessly. And the tax policies of the Reagan and Bush administrations are blamed for encouraging reckless risk-taking. Edward Conard disagrees. In an attempt to set the record straight he presents a fascinating new case for how the economy really works, why the U.S. has outperformed other countries, what…

Book details

List price: $17.00
Publisher: Penguin Publishing Group
Publication date: 4/30/2013
Binding: Paperback
Pages: 320
Size: 5.40" wide x 8.40" long x 0.90" tall
Weight: 0.594
Language: English



Introduction



What Went Right



A Brief History of the U.S. Economy



The Role of Investment



The Role of the Trade Deficit



The Role of Incentives



What Went Wrong



The Role of Banks, Credit Rating Agencies, and Regulators



The Role of Short-Term Debt and Government Policy



What Comes Next



Preventing Another Bank Run



Reducing Unemployment



Redistributing Income


Conclusion


Acknowledgments


Notes


Illustration Sources


Index