Plunder and Blunder: The Rise and Fall of the Bubble Economy

Dean Baker

ISBN 10: 0981576990 / ISBN 13: 9780981576992

Published by PoliPointPress, LLC, US, 2011

About this Item

For the second time this decade, the US economy is sinking into a recession due to the collapse of a financial bubble. The most recent calamity is likely to produce a downturn deeper and longer than the stock market crash of 2001. Dean Baker argues not only that competent economists should have recognized the developing housing bubble, but also that policy makers and the media cheerfully neglected those economists who did predict danger. Baker doesnt engage in 20-20 hindsight, but documents the fundamental policy changes since 1980 that destabilized the economy and eroded the broad prosperity of the post-war period. His expert analysis explains the outcomes clearly so we can prevent similar financial disasters in the future.

Seller Inventory # LU-9780981576992

Bibliographic Details

• Title: Plunder and Blunder: The Rise and Fall of the Bubble Economy
• Publisher: PoliPointPress, LLC, US
• Publication Date: 2011
• Language: English
• ISBN 10: 0981576990
• ISBN 13: 9780981576992
• Binding: Paperback
• Edition: Illustrated.
• Condition: New
• Dimensions: 14.12W x 1.24H x 21.59D centimeters 14.12 centimeters width by 1.24 centimeters height by 21.59 centimeters depth
• Weight: 1 gram

About this title

Synopsis

For the second time this decade, the U.S. economy id sinking into a recession due to the collapse of a financial bubble. The most recent calamity will lead to a downturn deeper and longer than the stock market crash of 2001.

Dean Baker's Plunder and Blunder chronicles the growth and collapse of the stock and housing bubbles and explains how policy blunders and greed led to the catastrophic --but completely predictable --market meltdowns. An expert guide to recent economic history, Baker offers policy prescriptions to help prevent similar financial disasters.

About the Author

Thomas Frank is the author of "What's the Matter with Kansas? "and "One Market Under God," The founding editor of "The Baffler "and a contributing editor at "Harper's," Frank has received a Lannan award and been a guest columnist for "The New York Times," He lives, of course, in Washington, D.C.