An edition of House of debt (2014)

House of debt

how they (and you) caused the Great Recession, and how we can prevent it from happening again

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Last edited by MARC Bot
March 8, 2023 | History
An edition of House of debt (2014)

House of debt

how they (and you) caused the Great Recession, and how we can prevent it from happening again

  • 5.00 ·
  • 1 Rating
  • 5 Want to read
  • 0 Currently reading
  • 1 Have read

Though the banking crisis captured the public's attention, Mian and Sufi argue strongly that current policy is too heavily biased toward protecting banks and creditors. Increasing the flow of credit is disastrously counterproductive when the fundamental problem is too much debt. Excessive household debt leads to foreclosures, causing individuals to spend less and save more. Less spending means less demand for goods, followed by declines in production and huge job losses. How do we end such a cycle? With a direct attack on debt.

Publish Date
Language
English
Pages
219

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Previews available in: English

Book Details


Table of Contents

A scandal in Bohemia
Busted
Debt and destruction
Cutting back
Levered losses: the theory
Explaining unemployment
Boil and bubble
The credit expansion
Conduit to disaster
Debt and bubbles
Stopping the cycle
Save the banks, save the economy?
Forgiveness
Monetary and fiscal policy
Sharing.

Edition Notes

Includes bibliographical references (pages 191-207) and index.

Classifications

Dewey Decimal Class
330.973/0931
Library of Congress
HB3743 .M53 2014, HB3743.M53 2014, HB3743.M53 2014eb

The Physical Object

Pagination
219 pages :
Number of pages
219

ID Numbers

Open Library
OL26419299M
Internet Archive
houseofdebthowth0000mian
ISBN 10
022608194X
ISBN 13
9780226081946, 9780226138640
LCCN
2013049671
OCLC/WorldCat
860757115, 2013049671

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History

Download catalog record: RDF / JSON / OPDS | Wikipedia citation
March 8, 2023 Edited by MARC Bot import existing book
December 22, 2022 Edited by MARC Bot import existing book
December 7, 2022 Edited by MARC Bot import existing book
June 18, 2022 Edited by ImportBot import existing book
January 23, 2018 Created by ImportBot Imported from Internet Archive item record.