Boom & bust : financial cycles and human prosperity / Alex J. Pollock.

Format:

Book

Author/Creator:

Pollock, Alex J.

Series:

Values and Capitalism

Language:

English

Subjects (All):

Financial crises--United States--History.

Financial crises.

Finance--United States--History.

Finance.

Business cycles--United States--History.

Business cycles.

United States--Economic policy.

United States.

Physical Description:

1 online resource (107 p.)

Edition:

1st ed.

Place of Publication:

Washington, D.C. : AEI Press, 2011.

Language Note:

English

Summary:

In Understanding Financial Crises, Alex J. Pollock explains that while economic downturns can be frightening and difficult, people living in free markets economies today enjoy greater health and longevity, have better access to basic necessities, are better educated, work less arduous jobs, and have more choices and wider horizons than human beings at any other point in history. This wonderful reality would not exist in the absence of financial cycles. This book explains why.

Contents:

Nothing new under the financial sun

The disturbing experience of watching your friends get rich

All too human

Panic

Bubbles and economics : confounding Isaac Newton

Did they really believe house prices couldn't go down?

A $5 trillion government failure

The yin and yang of two big balance sheets

The golden age of government regulation?

Taking risks, taking responsibility

Can you regulate systemic risk when you are the systemic risk?.

Notes:

Description based upon print version of record.

Includes bibliographical references.

Description based on print version record and CIP data provided by publisher; resource not viewed.

ISBN:

9786613029492

9781283029490

1283029499

9780844743844

0844743844

OCLC:

711745444