Plunder and Blunder, livre ebook

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.
For the second time this decade, the U.S. economy id 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.
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