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Books > History > History of specific subjects > Economic history
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The Financial Crisis and Federal Reserve Policy (Hardcover, 2nd ed. 2013)
Loot Price: R3,656
Discovery Miles 36 560
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The Financial Crisis and Federal Reserve Policy (Hardcover, 2nd ed. 2013)
Expected to ship within 12 - 19 working days
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Written for the motivated non-specialist, this fully revised and
updated edition of The Financial Crisis and Federal Reserve Policy
provides the most accurate and thorough coverage available of the
causes and consequences of the 2008 Financial Crisis, examining the
role the Federal Reserve played in preventing a major economic
meltdown on par with the Great Depression.This bestselling work has
been retooled from the ground up to include three new chapters on
post-Crisis recovery efforts, European sovereign debt, and
recently-enacted financial regulations, in addition to updated
tables and figures containing the most recent data emerging out of
the crisis. After the burst of the credit and housing bubbles in
2008, the Great Recession that followed deprived more than 8
million Americans of their jobs and triggered a per capita loss of
income of more than $6,000. Thomas provides readers with a clear
and comprehensive explanation of the myriad forces that combined to
create the bubbles that were the source of the economic
contraction. He retraces the chain reaction that took place as
these bubbles deflated, and opens a window into the channels
through which the crisis spilled over to produce a recession.
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