02751nam 2200589 a 450 991078115640332120230721005940.01-84964-440-3(CKB)2550000000012980(StDuBDS)AH22933728(SSID)ssj0000424182(PQKBManifestationID)11965161(PQKBTitleCode)TC0000424182(PQKBWorkID)10468874(PQKB)10738359(MiAaPQ)EBC3386457(Au-PeEL)EBL3386457(CaPaEBR)ebr10480060(CaONFJC)MIL987678(OCoLC)656857281(EXLCZ)99255000000001298020100518d2009 uy 0engur|||||||||||txtccrNo way to run an economy[electronic resource] why the system failed and how to put it right /Graham TurnerLondon ;New York Pluto Press ;New York Distributed in the United States of America exclusively by Palgrave Macmilan20091 online resource (240 p.)Bibliographic Level Mode of Issuance: Monograph0-7453-2977-2 0-7453-2976-4 Includes bibliographical references (p. 178-212) and index.In The Credit Crunch, Graham Turner predicted that banks would be nationalised and interest rates would be reduced too slowly to halt the crisis. His predictions were correct. His new book, No Way to Run an Economy, is the essential guide to the turbulent times ahead.Turner recommended radical measures, such as quantitative easing, in early 2008 but argues that action has been taken too late and been too timid to make a real difference. He dissects the policy mistakes of the last 12 months including Obama's doomed market-led response to the crisis and the obsession of central banks with the red herring of inflation.There is no doubt the economy is still in serious trouble, but Turner shows that learning from the mistakes made so far can prevent a situation worse than that of the 1930's crisis.Global Financial Crisis, 2008-2009Bank failuresBanks and bankingGovernment ownershipBanks and bankingGovernment policyGlobal Financial Crisis, 2008-2009.Bank failures.Banks and bankingGovernment ownership.Banks and bankingGovernment policy.338.542Turner Graham1963-1515323MiAaPQMiAaPQMiAaPQBOOK9910781156403321No way to run an economy3750982UNINA