02853nam 2200661 a 450 991082578040332120240513214457.01-283-02949-997866130294920-8447-4384-4(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 financial cycles and human prosperity /Alex J. Pollock1st ed.Washington, 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 policyFinancial crisesHistory.FinanceHistory.Business cyclesHistory.338.5/420973338.5420973Pollock Alex J1664939MiAaPQMiAaPQMiAaPQBOOK9910825780403321Boom & bust4023283UNINA