Getting off track : how government actions and interventions caused, prolonged, and worsened the financial crisis / by John B. Taylor.

Format:

Book

Author/Creator:

Taylor, John B.

Contributor:

Hoover Institution Press.

Series:

Hoover Institution Press publication ; 570.

Hoover Institution Press publication ; no. 570

Language:

English

Subjects (All):

Financial crises.

Global Financial Crisis, 2008-2009--Government policy--United States.

Global Financial Crisis, 2008-2009.

Financial crises--United States.

Monetary policy.

Mortgages--Government policy.

Mortgages.

Physical Description:

1 online resource (105 p.)

Edition:

1st ed.

Place of Publication:

Stanford, Calif. : Hoover Institution Press, c2009.

Language Note:

English

Summary:

In this concise volume, leading economist John B. Taylor offers empirical research to explain what caused the current financial crisis, what prolonged it, and what dramatically worsened it more than a year after it began. The evidence he presents strongly suggests that specific government actions and interventions are largely to blame and that any future government interventions must be based on a clearly stated diagnosis of the problem and a rationale for the interventions.

Contents:

Front Cover; Book Title; Copyright; Contents; List of Figures; Preface; 1. What Caused the Financial Crisis; 2. What Prolonged the Crisis; 3. Why the Crisis Worsened Dramatically a Year after it Began; 4. What Went Right in the Two Decades before the Crisis; 5. Why a Black Swan Landed in the Money Market in August 2007; Epilogue; Frequently Asked Questions; References; Acknowledgments; About the Author; Index

Notes:

Description based upon print version of record.

Description based on publisher supplied metadata and other sources.

Includes bibliographical references and index.

ISBN:

9780817949730

0817949739

9780817949785

081794978X

OCLC:

831680031