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Books > History > History of specific subjects > Economic history
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The Recession Prevention Handbook: Eleven Case Studies, 1948-2007 - Eleven Case Studies, 1948-2007 (Hardcover)
Loot Price: R5,210
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The Recession Prevention Handbook: Eleven Case Studies, 1948-2007 - Eleven Case Studies, 1948-2007 (Hardcover)
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The United States has endured eleven recessions since the end of
World War II, including the recession of 2007-2009. This book
focuses on the performance of the economy and the actions taken
during the expansion period before the onset of each recession.
It's goal is to help prevent or at least lessen the severity of
possible future recessions. Well-known economics writer Arthur
Frumkin analyzes each of the eleven contemporary recessions to
determine: What weaknesses appeared in the economy during the
twelve months preceding the onset of the recession? What were
economic forecasters predicting? What economics policy actions were
taken by the Federal Reserve, the president, and Congress?
Incorporating extensive real-time data, Frumkin points to
persistent failures over the past sixty years by the Federal
Reserve and the president to forecast or to acknowledge the
possibility of future recessions. Based on these findings, he
concludes with a range of policy recommendations for avoiding or
ameliorating future recessions.
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