Recession : the real reasons economies shrink and what to do about it / Tyler Goodspeed.

Format:

Book

Author/Creator:

Goodspeed, Tyler Beck, author.

Language:

English

Subjects (All):

Recessions.

Physical Description:

vii, 310 pages : illustrations, charts ; 25 cm

Edition:

First edition.

Other Title:

Stylized as: Rece$sion

Place of Publication:

New York : Basic Venture, 2026.

Summary:

"What causes a recession? Do recessions end on their own, or do they require external intervention? Does a recession in one country mean the rest of the world will follow? Are we in a recession now? Economic expert Tyler Goodspeed answers these questions and many more in Recession, a groundbreaking new analysis of economic contractions over the last four centuries. Combining the historian's extensive primary source material and the economist's arsenal of statistical analysis, this book rewrites what we know about recessions. Contrary to popular perception, recessions are not the inevitable bust that follows an unsustainable boom, and they do not operate like wildfires that clear out economic deadwood. Recessions are caused by adverse shocks like war and energy price spikes; and far from unleashing gales of creative destruction, post-recession economic growth typically resumes the same trend as before--all pain, no gain. While recessions have become less frequent over time, decisions made by businesses and governments can prolong recessions, and Goodspeed offers guidance to avoid making recessions worse. Issuing an important corrective to economic thinking, Recession is essential reading for high-level policymakers and armchair economists alike." -- Provided by publisher.

Contents:

Introduction: The Anna Karenina principle

Epiphanies or apophanies

Peter Pan versus Dorian Gray

The penitent expansion

Oscillations or plucks

Turf, coal, and oil

A great deal of ruin

Firefighters and arsonists

The patriotic recession

Purge the rottenness

An object in motion

Data appendix.

Notes:

Includes bibliographical references and index.

Other Format:

ebook version :

ISBN:

9781399832250

1399832255

9781541704947

1541704940

9781399832267

1399832263

OCLC:

1523047599

Publisher Number:

90104660486

CIPO000321181