Financial Fiasco: How America's Infatuation With HomeOwnership and Easy Money Created the Economic Crisis - Softcover

Norberg, Johan

 
9781937184414: Financial Fiasco: How America's Infatuation With HomeOwnership and Easy Money Created the Economic Crisis
Softcover
ISBN 10: 1937184412 ISBN 13: 9781937184414
Verlag: Cato Institute, 2012

Inhaltsangabe

Now newly expanded, Financial Fiasco digs deep into the foundation of the economic meltdown, revealing how it was the product of conscious actions by consumers, as well as decisionmakers in companies, government agencies, and political institutions. An easily accessible work written for general readers, Financial Fiasco tells the compelling story of how ate-cutting by the Federal Reserve inflated the real estate market and fueled increased risk-taking in the financial markets; how new government policies to promote home ownership blasted air into the credit bubble; how new financial instruments, credit-rating requirements, and accounting rules intended to prevent cheating backfired; and much more. Financial Fiasco guides readers through a world of irresponsible behavior, warns that many of the “solutions” being implemented repeat the mistakes that caused the crisis, and offers guidance on how to move forward.

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Über die Autorin bzw. den Autor

Johan Norberg is a senior fellow at the Cato Institute and the author of In Defense of Global Capitalism.

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Verlag
Cato Institute
Erscheinungsdatum
2012
Sprache
Englisch
ISBN 10 
1937184412
ISBN 13 
9781937184414
Einband
Taschenbuch
Anzahl der Seiten
205
Kontakt zum Hersteller
Nicht verfügbar
Verantwortliche Person
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