02861nam 2200649 a 450 991045689070332120200520144314.01-283-02949-997866130294920-8447-4384-4(CKB)2550000000031386(EBL)667139(OCoLC)711745444(SSID)ssj0000467346(PQKBManifestationID)11320020(PQKBTitleCode)TC0000467346(PQKBWorkID)10489530(PQKB)10765963(MiAaPQ)EBC667139(Au-PeEL)EBL667139(CaPaEBR)ebr10454822(CaONFJC)MIL302949(EXLCZ)99255000000003138620100519d2011 uy 0engur|n|---|||||txtccrBoom & bust[electronic resource] financial cycles and human prosperity /Alex J. PollockWashington, D.C. AEI Press20111 online resource (107 p.)Values and CapitalismDescription based upon print version of record.0-8447-4382-8 0-8447-4383-6 Includes bibliographical references.Nothing new under the financial sun -- The disturbing experience of watching your friends get rich -- All too human -- Panic -- Bubbles and economics : confounding Isaac Newton -- Did they really believe house prices couldn't go down? -- A $5 trillion government failure -- The yin and yang of two big balance sheets -- The golden age of government regulation? -- Taking risks, taking responsibility -- Can you regulate systemic risk when you are the systemic risk?.In Understanding Financial Crises, Alex J. Pollock explains that while economic downturns can be frightening and difficult, people living in free markets economies today enjoy greater health and longevity, have better access to basic necessities, are better educated, work less arduous jobs, and have more choices and wider horizons than human beings at any other point in history. This wonderful reality would not exist in the absence of financial cycles. This book explains why.Values and CapitalismFinancial crisesUnited StatesHistoryFinanceUnited StatesHistoryBusiness cyclesUnited StatesHistoryUnited StatesEconomic policyElectronic books.Financial crisesHistory.FinanceHistory.Business cyclesHistory.338.5/420973Pollock Alex J918313MiAaPQMiAaPQMiAaPQBOOK9910456890703321Boom & bust2058969UNINA