Lost Decades: The Making of America's Debt Crisis and the Long Recovery
The U.S. economy lost the first decade of the twenty-first century to an ill-conceived boom and subsequent bust. It is in danger of losing another decade to the stagnation of an incomplete recovery. How did this happen? Read this lucid explanation of the origins and long-term effects of the recent financial crisis, drawn in historical and comparative perspective by two leading political economists.By 2008 the United States had become the biggest international borrower in world history, with more than two-thirds of its $6 trillion federal debt in foreign hands. The proportion of foreign loans to the size of the economy put the United States in…
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Produktdetails
Weitere Autoren: Frieden, Jeffry A.
- ISBN: 978-0-393-34410-3
- EAN: 9780393344103
- Produktnummer: 12648096
- Verlag: W W Norton & Co
- Sprache: Englisch
- Erscheinungsjahr: 2012
- Seitenangabe: 284 S.
- Masse: H21.7 cm x B14.1 cm x D2.0 cm 253 g
- Gewicht: 253
Über den Autor
Menzie D. Chinn teaches at the University of Wisconsin, Madison, and coauthors the influential blog Econbrowser.
1 weiteres Werk von Menzie D. Chinn:
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