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Housing Boom and Bust by Thomas Sowell (2009, Hardcover)
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You are purchasing a Good copy of 'The Housing Boom and Bust'. Condition Notes: Book is in good condition. Minimal signs of wear. It May have markings or highlights, but kept to only a few pages.
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About this product
Product Identifiers
PublisherBasic Books
ISBN-100465018807
ISBN-139780465018802
eBay Product ID (ePID)71949953
Product Key Features
Book TitleHousing Boom and Bust
Number of Pages208 Pages
LanguageEnglish
TopicEconomic History, Real Estate / General, Real Estate / Mortgages, Public Policy / City Planning & Urban Development
Publication Year2009
GenrePolitical Science, Business & Economics
AuthorThomas Sowell
FormatHardcover
Dimensions
Item Height0.8 in
Item Weight13.4 Oz
Item Length1 in
Item Width6.2 in
Additional Product Features
Intended AudienceTrade
LCCN2009-925585
TitleLeadingThe
Dewey Edition22
ReviewsAmerican Spectator "An economic primer on the housing bubble, but more importantly, it is an examination of the ruling class's inability to leave well enough alone." Newsweek.com "Sowell's account qualifies the standard story that greedy investment bankers and mortgage brokers caused the whole crisis." The Washington Times "For anyone looking for a straightforward and honest discussion of the origins of our current crisis, informed by a deep understanding of both economics and politics, The Housing Boom and Bust is required reading.", American Spectator "An economic primer on the housing bubble, but more importantly, it is an examination of the ruling class's inability to leave well enough alone." Newsweek.com "Sowell's account qualifies the standard story that greedy investment bankers and mortgage brokers caused the whole crisis."The Washington Times "For anyone looking for a straightforward and honest discussion of the origins of our current crisis, informed by a deep understanding of both economics and politics,The Housing Boom and Bustis required reading.", American Spectator "An economic primer on the housing bubble, but more importantly, it is an examination of the ruling class's inability to leave well enough alone." Newsweek.com "Sowell's account qualifies the standard story that greedy investment bankers and mortgage brokers caused the whole crisis."
Dewey Decimal330
SynopsisScary headlines and scarier statistics tell the story of a financial crisis on a scale not seen in decades--certainly not within the lifetime of most Americans. Moreover, this is a worldwide financial crisis. Financial institutions on both sides of the Atlantic have either collapsed or have been saved from collapse by government bailouts, as a result of buying securities based on American housing values that eroded or evaporated. Now completely revised in paperback, The Housing Boom and Bust is designed to unravel the tangled threads of that story. It also attempts to determine whether what is being done to deal with the problem is more likely to make things better or worse., The financial tsunami has been followed by a political flood of rhetoric, accompanied by finger-pointing in all directions. Who was really responsible? What set this off?, This is a plain-English explanation of how we got into the current economic disaster that developed out of the economics and politics of the housing boom and bust. The "creative" financing of home mortgages and the even more "creative" marketing of financial securities based on American mortgages to countries around the world, are part of the story of how a financial house of cards was built up--and then suddenly collapsed. The politics behind all this is another story full of strange twists. No punches are pulled when discussing politicians of either party, the financial dangers they created, or the distractions they created later to escape their own responsibility for what happened when the financial house of cards in the financial markets collapsed. What to do, now that we are in the midst of an economic disaster, is yet another story--one whose ending we do not yet know, but one whose outlines and implications are explored to reveal some surprising and sobering lessons.
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