LEADER 02790nam 2200493Ia 450 001 9910808837403321 005 20200520144314.0 010 $a0-85683-314-2 035 $a(CKB)2550000001135200 035 $a(EBL)661440 035 $a(OCoLC)676697506 035 $a(MiAaPQ)EBC661440 035 $a(Au-PeEL)EBL661440 035 $a(CaPaEBR)ebr10428866 035 $a(EXLCZ)992550000001135200 100 $a20071026d2007 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aBoom bust $ehouse prices, banking and the depression of 2010 /$fFred Harrison 205 $a2nd ed. 210 $aLondon $cShepheard-Walwyn$d2007 215 $a1 online resource (305 p.) 300 $aIncludes index. 311 $a0-85683-254-5 311 $a1-306-03657-7 327 $aCover ; Copyright ; Contents ; Acknowledgements; Preface to the Second Edition; Prologue; PART I AS SAFE AS HOUSES?; 1 Britain's Housing and the Business Cycle; 2 Banking on Failure; 3 The American State of Virtual Reality; 4 The Incredible Alan Greenspan; PART II GENESIS OF THE BOOM-BUST CYCLE; 5 Rent and the 18-Year Cycle; 6 The Patterns of History; 7 The Alchemy of Land Speculation; 8 The End of Boom Bust?; PART III ANATOMY OF THE FIRST GLOBAL CYCLE; 9 The New Economy: Selling an Anglo-American Myth; 10 Launched in the USA; 11 Gordon Brown's Magic Mantra; PART IV THE AUTOMATIC STABILISER 327 $a12 Counter-Cyclical Action13 Australia: The Pathology of Taxation; 14 Dividends from Democratised Finance; PART V THE RECKONING; 15 2007: From Peak to Downwave; 16 2010: Economics of the Debt Junkie; Index 330 $aUsing the United Kingdom as a case study, this well-researched account shows how, for more than 200 years, a remarkably regular 18-year cycle of boom and bust can be traced to the peaks and troughs in land prices. This exploration reveals how governments, during the upswing of the cycle, are complicit in encouraging a belief that property prices will continue upwards indefinitely because of their skilled management of the economy and attributes the current crises to public policy on both sides of the Atlantic. An alternative plan to neutralize the next boom—one that would lead to a more stable and environmentally friendly economy with a more equitable distribution of wealth—is also presented. 606 $aBusiness cycles 606 $aLand use$xPlanning 615 0$aBusiness cycles. 615 0$aLand use$xPlanning. 676 $a338.542 700 $aHarrison$b Fred$01098717 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910808837403321 996 $aBoom bust$94051426 997 $aUNINA