Sherman, Howard J.

The Roller Coaster Economy : Financial Crisis, Great Recession, and the Public Option. - 1st ed. - 1 online resource (208 pages)

Cover -- Half Title -- Title Page -- Copyright Page -- Table of Contents -- Preface and Acknowledgments -- Part I. Problems of the Roller Coaster Economy -- 1. Boom, Bust, and Misery: The Curse of Capitalism -- 2. History of the Roller Coaster -- 3. How Unstable Is the American Economy? -- Part II. Diagnosing the Roller Coaster -- 4. The Income Gap -- 5. The Consumption Gap -- 6. The Housing Crisis -- 7. Investment and Profit -- 8. The Credit Balloon and the Financial Crisis -- 9. Government Spending and Taxes -- 10. The Trade Gap: How Boom and Bust Spread Around the Globe -- Part III. Diagnosis and Cure of the Roller Coaster Economy -- 11. How Violent Profit Swings Cause the Roller Coaster -- 12. The Public Option for Health and Jobs: How Democratization Can End the Business Cycle -- References -- Index -- About the Author.

A compelling and engaging explanation of how and why the economic downturn of 2007 became the Great Recession of 2008 and 2009. Sherman explores the root causes of the cycle of boom and bust of the economy, making a powerful argument that recessions and t.

9781315699066


Recessions - United States - History - 21st century.


Electronic books.

HB3743 -- .S547 2015eb

330.973