False Profits

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Synopsis
Dean Baker, codirector of the Center for Economic and Policy Research recounts the strategies used by the country's top economic policymakers to conceal their failure to recognize the housing bubble or 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 of tens of millions of people. He quashes dire warnings of looming rampant inflation and spiraling debt with solid historic evidence to the contrary--evidence that supports more stimulus, not less. He reveals the evolving role of the U.S. dollar in today's global economy and lays down cogent arguments about why the dollar will fall in value. With a dose of optimism, Baker outlines a thoughtful progressive program for rebuilding the economy and reshaping the financial system, including new financial transaction taxes that will reduce or eliminate economic waste while providing stimulus and incentives where and when they are most needed. "Simply the best succinct explanation of the causes, cures, dynamics, and politics of the financial crisis--an indispensible book."--Robert Kuttner, coeditor, The American Prospect
Copyright:
2010

Book Details

Book Quality:
Publisher Quality
ISBN-13:
9781609944773
Related ISBNs:
9780982417126
Publisher:
Berrett-Koehler Publishers
Date of Addition:
Copyrighted By:
Dean Baker
Adult content:
No
Language:
English
Has Image Descriptions:
No
Categories:
History, Nonfiction, Business and Finance, Politics and Government
Submitted By:
Bookshare Staff
Usage Restrictions:
This is a copyrighted book.

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