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- DescriptionIn The Credit Crunch, Graham Turner predicted that banks would be nationalised and interest rates would be reduced too slowly to halt the crisis. His predictions were correct. His new book, No Way to Run an Ecomy, is the essential guide to the turbulent times ahead. Turner recommended radical measures, such as quantitative easing, in early 2008 but argues that action has been taken too late and been too timid to make a real difference. He dissects the policy mistakes of the last 12 months including Obama's doomed market-led response to the crisis and the obsession of central banks with the red herring of inflation. There is doubt the ecomy is still in serious trouble, but Turner shows that learning from the mistakes made so far can prevent a situation worse than that of the 1930s crisis.
- Author BiographyGraham Turner is the author of the Credit Crunch (Pluto Press, 2008) and founder of GFC Economics, an independent economic consultancy which provides forecasting services for some of the world's largest banks. He has worked in the financial sector for over 20 years, spending the 1990s working for Japanese banks.
- Author(s)Graham Turner
- PublisherPluto Press
- Date of Publication01/09/2009
- SubjectEconomics: Professional & General
- Place of PublicationLondon
- Country of PublicationUnited Kingdom
- ImprintPluto Press
- Content Note50 charts, 15 tables
- Weight408 g
- Width135 mm
- Height215 mm
- Spine18 mm
- Format DetailsLibrary binding
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