The conventional wisdom now accuses Wall Street and the mortgage industry of using predatory tactics to seduce homeowners. Meanwhile, average Americans are blamed for increasing consumption to unsustainable levels by borrowing recklessly. And the tax policies of the Reagan and Bush administrations are blamed for encouraging reckless risk-taking.
Edward Conard disagrees. In an attempt to set the record straight he presents a fascinating new case for how the economy really works, why the U.S. has outperformed other countries, what caused the financial crisis, and what improvements might better protect our economy without damaging growth.
The conventional wisdom now accuses Wall Street and the mortgage industry of using predatory tactics to seduce homeowners. Meanwhile, average Americans are blamed for increasing consumption to unsustainable levels by borrowing recklessly. And the tax policies of the Reagan and Bush administrations are blamed for encouraging reckless risk-taking.
Edward Conard disagrees. In an attempt to set the record straight he presents a fascinating new case for how the economy really works, why the U.S. has outperformed other countries, what caused the financial crisis, and what improvements might better protect our economy without damaging growth.
Unintended Consequences: Why Everything You've Been Told About the Economy Is Wrong
320Unintended Consequences: Why Everything You've Been Told About the Economy Is Wrong
320Paperback(Reprint)
Product Details
ISBN-13: | 9781591846307 |
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Publisher: | Penguin Publishing Group |
Publication date: | 04/30/2013 |
Edition description: | Reprint |
Pages: | 320 |
Product dimensions: | 5.40(w) x 8.40(h) x 1.00(d) |
Age Range: | 18 Years |