Americas Bubble Economy
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Author | : David Wiedemer |
Publisher | : John Wiley & Sons |
Total Pages | : 257 |
Release | : 2010-11-04 |
Genre | : Business & Economics |
ISBN | : 1118018117 |
America’s Bubble Economy is the first book to focus on several simultaneous financial bubbles that are interacting to temporarily boost—and ultimately threaten—the United States and world economies. Filled with expert analysis and straight talk, this book will show you how to turn the coming economic transformation into a once-in-a-lifetime wealth-building opportunity.
Author | : Robert Brenner |
Publisher | : Verso |
Total Pages | : 358 |
Release | : 2003-11-17 |
Genre | : Business & Economics |
ISBN | : 9781859844830 |
Brenner demonstrates that the new economy was always a fragile phenomenon.
Author | : Nolan McCarty |
Publisher | : Princeton University Press |
Total Pages | : 368 |
Release | : 2013-05-26 |
Genre | : Political Science |
ISBN | : 0691145016 |
How governmental failure led to the 2008 financial crisis—and what needs to be done to avoid another similar event Behind every financial crisis lurks a "political bubble"—policy biases that foster market behaviors leading to financial instability. Rather than tilting against risky behavior, political bubbles—arising from a potent combination of beliefs, institutions, and interests—aid, abet, and amplify risk. Demonstrating how political bubbles helped create the real estate-generated financial bubble and the 2008 financial crisis, this book argues that similar government oversights in the aftermath of the crisis undermined Washington's response to the "popped" financial bubble, and shows how such patterns have occurred repeatedly throughout US history. The authors show that just as financial bubbles are an unfortunate mix of mistaken beliefs, market imperfections, and greed, political bubbles are the product of rigid ideologies, unresponsive and ineffective government institutions, and special interests. Financial market innovations—including adjustable-rate mortgages, mortgage-backed securities, and credit default swaps—become subject to legislated leniency and regulatory failure, increasing hazardous practices. The authors shed important light on the politics that blinds regulators to the economic weaknesses that create the conditions for economic bubbles and recommend simple, focused rules that should help avoid such crises in the future. The first full accounting of how politics produces financial ruptures, Political Bubbles offers timely lessons that all sectors would do well to heed.
Author | : Josh Bivens |
Publisher | : Cornell University Press |
Total Pages | : 121 |
Release | : 2011-02-15 |
Genre | : Business & Economics |
ISBN | : 0801461138 |
In Failure by Design, the Economic Policy Institute’s Josh Bivens takes a step back from the acclaimed State of Working America series, building on its wealth of data to relate a compelling narrative of the U.S. economy’s struggle to emerge from the Great Recession of 2008. Bivens explains the causes and impact on working Americans of the most catastrophic economic policy failure since the 1920s. As outlined clearly here, economic growth since the late 1970s has been slow and inequitably distributed, largely as a result of poor policy choices. These choices only got worse in the 2000s, leading to an anemic economic expansion. What growth we did see in the economy was fueled by staggering increases in private-sector debt and a housing bubble that artificially inflated wealth by trillions of dollars. As had been predicted, the bursting of the housing bubble had disastrous consequences for the broader economy, spurring a financial crisis and a rise in joblessness that dwarfed those resulting from any recession since the Great Depression. The fallout from the Great Recession makes it near certain that there will be yet another lost decade of income growth for typical families, whose incomes had not been boosted by the previous decade’s sluggish and localized economic expansion. In its broad narrative of how the economy has failed to deliver for most Americans over much of the past three decades, Failure by Design also offers compelling graphic evidence on jobs, incomes, wages, and other measures of economic well-being most relevant to low- and middle-income workers. Josh Bivens tracks these trends carefully, giving a lesson in economic history that is readable yet rigorous in its analysis. Intended as both a stand-alone volume and a companion to the new State of Working America website that presents all of the data underlying this cogent analysis, Failure by Design will become required reading as a road map to the economic problems that confront working Americans.
Author | : P. Arestis |
Publisher | : Springer |
Total Pages | : 326 |
Release | : 2004-09-07 |
Genre | : Business & Economics |
ISBN | : 0230501052 |
The US is slowly recovering from the aftermath of the burst of the 'new economy' bubble - which was one of the worst in monetary history. Philip Arestis and Elias Karakitsos examine the causes and consequences of the burst of the 'new economy' bubble and investigate the impact on financial markets. The risks and long-term prospects for the economy and financial markets are also examined.
Author | : Glen Browder |
Publisher | : University Press of America |
Total Pages | : 254 |
Release | : 2002 |
Genre | : History |
ISBN | : 9780761823070 |
Former congressman Browder is worried that the current trends of American democracy might result in a "Union of Socialist States of America" or worse. He suggests that we're suffering from a "cumulative distemper" in which we may be tiring of America's "historic Great Experiment." He offers vague prescriptions about embarking on a "National Democratic Renaissance" and rediscovering the "essence of our American nation." Annotation copyrighted by Book News, Inc., Portland, OR.
Author | : David Wiedemer |
Publisher | : John Wiley & Sons |
Total Pages | : 314 |
Release | : 2011-07-07 |
Genre | : Business & Economics |
ISBN | : 1118127528 |
A practical guide to preparing for the next phase of the financial meltdown From the authors who were the first to predict Phase I of our current economic downturn-in their landmark 2006 book, America's Bubble Economy-comes their insightful sequel discussing their predictions for the next phase of the Bubble Economy. It may seem like the worst has come and gone, but it hasn't. With their proven track record of accurate predictions-which most financial professionals and economists missed-the authors explain how and why the next phase of the financial meltdown is about to hit. Things are not going back to how they were before. Instead, we are moving through uncharted territory, with new challenges and opportunities that few people can anticipate. Written in a straightforward and accessible style, Aftershock shows readers how to seek safety and profits in these dynamic economic conditions. Discusses how to protect assets, businesses, and jobs before and during the second wave of financial meltdown Provides clear and accurate advice on how to profit from the collapsing bubbles Offer focused guidance regarding real estate, which will continue to be a pressing concern for many The authors' first book was chosen by Kiplinger's as one of the 30 Best Business Books of 2006, and its accuracy has been hailed by Paul Farrell of Dow Jones MarketWatch when he said "America's Bubble Economy's Predictions, though ignored, were accurate." Don't miss out on these time tested author's proven advice for how to mange your money during the coming financial meltdown.
Author | : David L. Western |
Publisher | : Psychology Press |
Total Pages | : 264 |
Release | : 2004 |
Genre | : Business & Economics |
ISBN | : 9780415369688 |
An extremely user-friendly overview of the inner workings of the US stock market. Things have changed a great deal since the heady days of the 1980s and we are now entering an era of profound uncertainty, with most analysts predicting trouble ahead. Indeed, the alarming decline of the NASDAQ shows no sign of abating and the fear is that traditional industries will be the next to bite the dust. September 11th has only added to the gloomy mood. This book examines the current conditions before looking back to the events of the past century - The Great Depression, the 1970s oil crisis, the party-for-the-rich atmosphere of the 1980s and the emergence of the new economy.
Author | : David Western |
Publisher | : Routledge |
Total Pages | : 262 |
Release | : 2020-10-07 |
Genre | : Business & Economics |
ISBN | : 100015906X |
An extremely user-friendly overview of the inner workings of the US stock market. Things have changed a great deal since the heady days of the 1980s and we are now entering an era of profound uncertainty, with most analysts predicting trouble ahead. Indeed, the alarming decline of the NASDAQ shows no sign of abating and the fear is that traditional industries will be the next to bite the dust. September 11th has only added to the gloomy mood. This book examines the current conditions before looking back to the events of the past century - The Great Depression, the 1970s oil crisis, the party-for-the-rich atmosphere of the 1980s and the emergence of the new economy.
Author | : John David Wiedemer |
Publisher | : John Wiley & Sons |
Total Pages | : 384 |
Release | : 2014-03-31 |
Genre | : Business & Economics |
ISBN | : 1118375629 |
Offers an analysis of recent economic developments and presents advice on how people can protect themselves and profit when a global economic meltdown occurs.