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House of debt : how they (and you) caused the Great Recession, and how we can prevent it from happening again

Author: Atif Mian; Amir Sufi
Publisher: Chicago ; London : University of Chicago Press, 2015. ©2015
Edition/Format:   Print book : State or province government publication : EnglishView all editions and formats
Database:WorldCat
Summary:

Why do severe recessions happen? Could we have prevented the Great Recession and its consequences? And what actions are needed to prevent such crises going forward? This book offers convincing  Read more...

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Material Type: Government publication, State or province government publication
Document Type: Book
All Authors / Contributors: Atif Mian; Amir Sufi
ISBN: 9780226271651 022627165X
OCLC Number: 890757366
Description: 229 pages : illustrations ; 23 cm
Contents: A scandal in Bohemia --
Debt and destruction --
Cutting back --
Levered losses : the theory --
Explaining unemployment --
The credit expansion --
Conduit to disaster --
Debt and bubbles --
Save the banks, save the economy? --
Forgiveness --
Monetary and fiscal policy --
Sharing.
Responsibility: Atif Mian and Amir Sufi ; with a new afterword.

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"Distills lessons about the crisis from their recent research into one easily digestible package." (Economist) "The economists Mian and Sufi are our leading experts on the problems created by debt Read more...

 
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