03471oam 2200673I 450 991046053040332120200520144314.01-315-69906-01-317-45473-11-317-45472-310.4324/9781315699066 (CKB)3710000000448953(EBL)2125413(SSID)ssj0001520190(PQKBManifestationID)12621736(PQKBTitleCode)TC0001520190(PQKBWorkID)11525462(PQKB)11762271(MiAaPQ)EBC3569990(Au-PeEL)EBL3569990(CaPaEBR)ebr11080317(CaONFJC)MIL813960(OCoLC)929511027(OCoLC)958106582(EXLCZ)99371000000044895320180706e20152010 uy 0engur|n|---|||||txtccrThe roller coaster economy financial crisis, great recession, and the public option /Howard J. Sherman ; with John Miller and Paul ShermanLondon ;New York :Routledge,2015.1 online resource (208 p.)"First published 2010 by M.E. Sharpe"--t.p. verso.0-7656-2538-5 0-7656-2537-7 Includes bibliographical references and index.Cover; Half Title; Title Page; Copyright Page; Table of Contents; Preface and Acknowledgments; Part I. Problems of the Roller Coaster Economy; 1. Boom, Bust, and Misery: The Curse of Capitalism; 2. History of the Roller Coaster; 3. How Unstable Is the American Economy?; Part II. Diagnosing the Roller Coaster; 4. The Income Gap; 5. The Consumption Gap; 6. The Housing Crisis; 7. Investment and Profit; 8. The Credit Balloon and the Financial Crisis; 9. Government Spending and Taxes; 10. The Trade Gap: How Boom and Bust Spread Around the GlobePart III. Diagnosis and Cure of the Roller Coaster Economy11. How Violent Profit Swings Cause the Roller Coaster; 12. The Public Option for Health and Jobs: How Democratization Can End the Business Cycle; References; Index; About the AuthorWritten by one of the foremost experts on the business cycle, this is a compelling and engaging explanation of how and why the economic downturn of 2007 became the Great Recession of 2008 and 2009. Author Howard Sherman explores the root causes of the cycle of boom and bust of the economy, focusing on the 2008 financial crisis and the Great Recession of 2008-2009. He makes a powerful argument that recessions and the resulting painful involuntary unemployment are inherent in capitalism itself. Sherman clearly illustrates the mechanisms of business cycles, and he provides a thoughtful alternativBusiness cyclesUnited StatesHistory21st centuryFinancial crisesUnited StatesHistory21st centuryRecessionsUnited StatesHistory21st centuryElectronic books.Business cyclesHistoryFinancial crisesHistoryRecessionsHistory330.973Sherman Howard J.108486Miller John348190Sherman Paul445487MiAaPQMiAaPQMiAaPQBOOK9910460530403321The roller coaster economy2150604UNINA