Unintended Consequences: Why Everything You've Been Told About the Economy Is Wrong

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Unintended Consequences: Why Everything You've Been Told About the Economy Is Wrong
by Edward Conard
(66)

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Economics

In the aftermath of the Financial Crisis, many com­monly held beliefs have emerged to explain its cause. Conventional wisdom blames Wall Street and the mortgage industry for using low down pay­ments, teaser rates, and other predatory tactics to seduce unsuspecting home owners into assuming mortgages they couldn’t afford. It blames average Americans for borrowing recklessly and spend­ing too much. And it blames the tax policies and deregulatory environment of the Reagan and Bush administrations for encouraging reckless risk taking by wealthy individuals and financial institutions.

• Rank: #14659 in Books
• Published on: 2012-06-07
• Released on: 2012-06-07
• Original language: English
• Number of items: 1
• Dimensions: 9.02" h x 1.10" w x 5.98" l, 1.13 pounds
• Binding: Hardcover
• 320 pages