Plunder and Blunder
Plunder and Blunder
The Rise and Fall of the Bubble Economy
Edition: 1
Pages: 184
Publication Date: 01 February, 2011
Available in all formats
PDF
ISBN:
9781609944780
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For the second time this decade, the U.S. economy is 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.
Description
For the second time this decade, the U.S. economy is 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.
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
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
Review quote
"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
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