False Profits: Recovering from the Bubble Economy

Baker, Dean

ISBN 10: 0982417128 / ISBN 13: 9780982417126

Published by Berrett-Koehler Publishers, 2011

Pages are clean and are not marred by notes or folds of any kind. ~ ThriftBooks: Read More, Spend Less. Seller Inventory # G0982417128I2N00

Synopsis:

Despite reports that the recession may be over, the unemployment rate is more than ten percent and home foreclosures are at a record high. It's no secret that the U. S. economy is in shambles because of the recent housing bubble. However, according to Dean Baker, Co-Director of the Center for Economic and Policy Research, the people who looked the other way as the eight trillion dollar housing bubble grew unchecked are trying to rewrite history by downplaying the impact of the bubble. In Baker's new book, False Profits: Recovering from the Bubble Economy, he recounts the strategies used by the country's top economic policymakers to keep the American public unaware of their failure to recognize the housing bubble and to take steps to rein it in before it grew to unprecedented levels, resulting in the loss of millions of jobs, homes, and the life savings for tens of millions of people.

About the Author: Dean Baker is an American macroeconomist and co-founder of the Center for Economic Policy Research. He previously was a senior economist at the Economic Policy Institute and an assistant professor of economics at Bucknell University. He has a Ph.D. in economics from the University of Michigan.

Bibliographic Details

Title: False Profits: Recovering from the Bubble ...
Publisher: Berrett-Koehler Publishers
Publication Date: 2011
Binding: Paperback
Condition: As New
Dust Jacket Condition: No Jacket