Plunder and Blunder: The Rise and Fall of the Bubble Economy
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Plunder and Blunder: The Rise and Fall of the Bubble Economy

Plunder and Blunder: The Rise and Fall of the Bubble Economy


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About the Book

For the second time this decade, the US economy is sinking into a recession due to the collapse of a financial bubble. The most recent calamity is likely to produce a downturn deeper and longer than the stock market crash of 2001. Dean Baker argues not only that competent economists should have recognized the developing housing bubble, but also that policy makers and the media cheerfully neglected those economists who did predict danger. Baker doesnt engage in 20-20 hindsight, but documents the fundamental policy changes since 1980 that destabilized the economy and eroded the broad prosperity of the post-war period. His expert analysis explains the outcomes clearly so we can prevent similar financial disasters in the future.

Table of Contents:
The Bubble Economy: How We Got Here The Clinton Era and the Origins of the Stock Bubble The Collapse of the Stock Bubble and the 2001 Recession The Bubble Comes Home: The Beginnings of the Housing Bubble The Further Extension of the Housing Bubble and Its Final Collapse Beyond the Bubble Economy

About the Author :
Dean Baker is co-director of the Center for Economic and Policy Research in Washington DC. His weblog, "Beat the Press," appears on the American Prospect website and features commentary on economic reporting. Baker's columns have appeared in many major media outlets, including the Atlantic Monthly, the Washington Post, and the London Financial Times. He is frequently cited in economics reporting in major media outlets, including the New York Times, the Washington Post, CNBC, and National Public Radio.

Review :
"Dean Baker warned us what was coming. Now we can read why Dean got it right when so many experts were blind. The story is intriguing—and deeply disturbing." —William Greider, national affairs correspondent, The Nation, and author of Come Home, America


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Product Details
  • ISBN-13: 9780981576992
  • Publisher: PoliPointPress, LLC
  • Publisher Imprint: PoliPointPress, LLC
  • Height: 217 mm
  • No of Pages: 184
  • Spine Width: 13 mm
  • Width: 142 mm
  • ISBN-10: 0981576990
  • Publisher Date: 01 Feb 2011
  • Binding: Paperback
  • Language: English
  • Returnable: Y
  • Weight: 250 gr


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