The Housing Boom and Bust
Sowell, Thomas
ISBN 10: 0465018807 ISBN 13: 9780465018802
Published by Basic Books, 2009
Used
Hardcover
From
Once Upon A Time Books, Siloam Springs, AR, U.S.A.
Seller rating 4 out of 5 stars
Heritage Bookseller
AbeBooks member since 1996
This specific item is no longer available.
About this Item
Description:
This is a used book. It may contain highlighting/underlining and/or the book may show heavier signs of wear . It may also be ex-library or without dustjacket. This is a used book. It may contain highlighting/underlining and/or the book may show heavier signs of wear . It may also be ex-library or without dustjacket. Seller Inventory # mon0003456535
Synopsis:
This is a plain-English explanation of how we got into the current economic disaster that developed out of the economics and politics of the housing boom and bust. The “creative” financing of home mortgages and the even more “creative” marketing of financial securities based on American mortgages to countries around the world, are part of the story of how a financial house of cards was built up—and then suddenly collapsed.
The politics behind all this is another story full of strange twists. No punches are pulled when discussing politicians of either party, the financial dangers they created, or the distractions they created later to escape their own responsibility for what happened when the financial house of cards in the financial markets collapsed.
What to do, now that we are in the midst of an economic disaster, is yet another story—one whose ending we do not yet know, but one whose outlines and implications are explored to reveal some surprising and sobering lessons.
About the Author:
Thomas Sowell has taught economics at Cornell, UCLA, Amherst and other academic institutions, and his Basic Economics has been translated into six languages. He is currently a scholar in residence at the Hoover Institution, Stanford University. He has published in both academic journals in such popular media as the Wall Street Journal , Forbes magazine and Fortune , and writes a syndicated column that appears in newspapers across the country.
"About this title" may belong to another edition of this title.
Bibliographic Details
Title: The Housing Boom and Bust
Publisher: Basic Books
Publication Date: 2009
Binding: Hardcover
Condition: Acceptable