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Book Description Hardcover. Condition: New. Seller Inventory # 284283
Book Description Hardcover. Condition: New. Illustrated. The first book-length treatment to conclusively demonstrate the link between income inequality and the 2008 financial crisis and Great RecessionPrevailing economic theory attributes the 2008 crash and the Great Recession that followed to low interest rates, relaxed borrowing standards, and the housing price bubble. After careful analyses of statistical evidence, however, Matthew Drennan discovered that income inequality was the decisive factor behind the crisis. Pressured to keep up consumption in the face of flat or declining incomes, Americans leveraged their home equity to take on excessive debt. The collapse of the housing market left this debt unsupported, causing a domino effect throughout the economy. Drennan also found startling similarities in consumer behavior in the years leading to both the Great Depression and the Great Recession. Offering an economic explanation of a phenomenon described by prominent observers including Thomas Piketty, Jacob Hacker, Robert Kuttner, Paul Krugman, and Joseph Stiglitz, Drennans evenhanded analysis disproves dominant theories of consumption and draws much-needed attention to the persisting problem of income inequality. Seller Inventory # DADAX0300209584
Book Description HRD. Condition: New. New Book. Shipped from UK. THIS BOOK IS PRINTED ON DEMAND. Established seller since 2000. Seller Inventory # L1-9780300209587
Book Description Condition: New. In. Seller Inventory # ria9780300209587_new
Book Description Condition: New. PRINT ON DEMAND Book; New; Fast Shipping from the UK. No. book. Seller Inventory # ria9780300209587_lsuk
Book Description Hardback. Condition: New. This item is printed on demand. New copy - Usually dispatched within 5-9 working days. Seller Inventory # C9780300209587
Book Description HRD. Condition: New. New Book. Delivered from our UK warehouse in 4 to 14 business days. THIS BOOK IS PRINTED ON DEMAND. Established seller since 2000. Seller Inventory # L1-9780300209587
Book Description Condition: New. The first book-length treatment to conclusively demonstrate the link between income inequality and the 2008 financial crisis and Great RecessionKlappentextThe first book-length treatment to conclusively demonstrate the link between i. Seller Inventory # 37112979