LEADER 03549oam 2200709I 450 001 9910825542203321 005 20240418081433.0 010 $a1-315-69906-0 010 $a1-317-45473-1 010 $a1-317-45472-3 024 7 $a10.4324/9781315699066 035 $a(CKB)3710000000448953 035 $a(EBL)2125413 035 $a(SSID)ssj0001520190 035 $a(PQKBManifestationID)12621736 035 $a(PQKBTitleCode)TC0001520190 035 $a(PQKBWorkID)11525462 035 $a(PQKB)11762271 035 $a(MiAaPQ)EBC3569990 035 $a(Au-PeEL)EBL3569990 035 $a(CaPaEBR)ebr11080317 035 $a(CaONFJC)MIL813960 035 $a(OCoLC)929511027 035 $a(OCoLC)958106582 035 $a(OCoLC)914166048 035 $a(FINmELB)ELB141996 035 $a(EXLCZ)993710000000448953 100 $a20180706e20152010 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 14$aThe roller coaster economy $efinancial crisis, great recession, and the public option /$fHoward J. Sherman ; with John Miller and Paul Sherman 205 $a1st ed. 210 1$aLondon ;$aNew York :$cRoutledge,$d2015. 215 $a1 online resource (208 p.) 300 $a"First published 2010 by M.E. Sharpe"--t.p. verso. 311 $a0-7656-2538-5 311 $a0-7656-2537-7 320 $aIncludes bibliographical references and index. 327 $aCover; 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 Globe 327 $aPart 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 Author 330 $aWritten 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 alternativ 606 $aBusiness cycles$zUnited States$xHistory$y21st century 606 $aFinancial crises$zUnited States$xHistory$y21st century 606 $aRecessions$zUnited States$xHistory$y21st century 615 0$aBusiness cycles$xHistory 615 0$aFinancial crises$xHistory 615 0$aRecessions$xHistory 676 $a330.973 676 $a330.973 700 $aSherman$b Howard J.$0108486 701 $aMiller$b John$0348190 701 $aSherman$b Paul$0445487 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910825542203321 996 $aThe roller coaster economy$93943255 997 $aUNINA