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

by Dean Baker

Overview

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.

Product Details

ISBN-13:	9780981576992
Publisher:	Berrett-Koehler Publishers
Publication date:	02/01/2011
Edition description:	New Edition
Pages:	184
Product dimensions:	5.50(w) x 8.30(h) x 0.70(d)

About the Author

Dean Baker is co-director of the Center for Economic and Policy Research in Washington DC. His weblog, “Beat the Press,” appears on the American Prospect website and features commentary on economic reporting.
Baker’s columns have appeared in many major media outlets, including the Atlantic Monthly, the Washington Post, and the London Financial Times. He is frequently cited in economics reporting in major media outlets, including the New York Times, the Washington Post, CNBC, and National Public Radio.

Table of Contents

Foreword
Introduction
1 How We Got Here
2 The Clinton Era and the Origins of the Stock Bubble
3 The Collapse of the Stock Bubble
4 The Beginnings of the Housing Bubble
5 The Final Collapse
6 Beyond the Bubble Economy
7 Learning from the Bubbles
Notes
Glossary
Acknowledgments
Index
About the Author

Editorial Reviews

"Dean Baker warned us what was coming. Now we can read why Dean got it right when so many experts were blind. The story is intriguing—and deeply disturbing."
—William Greider, national affairs correspondent, The Nation, and author of Come Home, America

From the Publisher