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Plunder and Blunder
Dean Baker
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Description for Plunder and Blunder
Paperback. Num Pages: 256 pages, black & white illustrations, figures. BIC Classification: KF. Category: (P) Professional & Vocational. Dimension: 85 x 56 x 5. Weight in Grams: 250.
For the second time this decade, the US economy is sinking into a recession due to the collapse of a financial bubble. The most recent calamity is likely to produce a downturn deeper and longer than the stock market crash of 2001. Dean Baker argues not only that competent economists should have recognized the developing housing bubble, but also that policy makers and the media cheerfully neglected those economists who did predict danger. Baker doesnt engage in 20-20 hindsight, but documents the fundamental policy changes since 1980 that destabilized the economy and eroded the broad prosperity of ... Read more
For the second time this decade, the US economy is sinking into a recession due to the collapse of a financial bubble. The most recent calamity is likely to produce a downturn deeper and longer than the stock market crash of 2001. Dean Baker argues not only that competent economists should have recognized the developing housing bubble, but also that policy makers and the media cheerfully neglected those economists who did predict danger. Baker doesnt engage in 20-20 hindsight, but documents the fundamental policy changes since 1980 that destabilized the economy and eroded the broad prosperity of ... Read more
Product Details
Format
Paperback
Publication date
2009
Publisher
PoliPointPress, LLC United States
Number of pages
256
Condition
New
Number of Pages
184
Place of Publication
Sausalito, United States
ISBN
9780981576992
SKU
V9780981576992
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
About Dean Baker
Dean Baker is co-director of the Center for Economic and Policy Research in Washington DC. His weblog, “Beat the Press,” appears on the American Prospect website and features commentary on economic reporting. Baker’s columns have appeared in many major media outlets, including the Atlantic Monthly, the Washington Post, and the London Financial Times. He is frequently cited in economics ... Read more
Reviews for Plunder and Blunder
"Dean Baker warned us what was coming. Now we can read why Dean got it right when so many experts were blind. The story is intriguing—and deeply disturbing." —William Greider, national affairs correspondent, The Nation, and author of Come Home, America