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Financial Fiasco: How America's Infatuation with Home Ownership and Easy Money Created the Economic Crisis - Hardcover
Synopsis
How was it possible that in a world where thousands of people regulated financial markets, the whole system crashed? And now these same people are asking us for more power? FINANCIAL FIASCO digs into the foundation of the economic meltdown, revealing how it was the product of conscious actions by decision-makers in companies, government agencies, political institutions and consumers that brought us to this impasse. An accessible look at how the government promoted the housing bubble that it is now using for its own ends.
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Review
Johan Norberg exposes the abiding hypocrisies of policy that generated this crisis far better than an American insider could. A masterwork in miniature.--Amity Shlaes, senior fellow in economic history, Council on Foreign Relations
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- PublisherCato Institute,U.S.
- Publication date2009
- ISBN 10 1935308130
- ISBN 13 9781935308133
- BindingHardcover
- Edition number1
- Number of pages208
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