SKU: 4343427190

Lost Decades: The Making of America's Debt Crisis and the Long Recovery

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Lost Decades: The Making of America's Debt Crisis and the Long RecoveryThe U. S. economy lost the first decade of the twenty first century to an ill conceived boom and subsequent bust. It is in danger of losing another decade to the stagnation of an incomplete recovery. How did this happen? Read this lucid explanation of the origins and long term effects of the recent financial crisis, drawn in historical and comparative perspective by two leading political economists. By 2008 the United States had become the biggest

The U.S. economy lost the first decade of the twenty-first century to an ill-conceived boom and subsequent bust. It is in danger of losing another decade to the stagnation of an incomplete recovery. How did this happen? Read this lucid explanation of the origins and long-term effects of the recent financial crisis, drawn in historical and comparative perspective by two leading political economists.

By 2008 the United States had become the biggest international borrower in world history, with more than two-thirds of its $6 trillion federal debt in foreign hands. The proportion of foreign loans to the size of the economy put the United States in league with Mexico, Indonesia, and other third-world debtor nations. The massive inflow of foreign funds financed the booms in housing prices and consumer spending that fueled the economy until the collapse of late 2008. This was the most serious international economic crisis since the Great Depression of the 1930s.

Menzie Chinn and Jeffry Frieden explain the political and economic roots of this crisis as well as its long-term effects. They explore the political strategies behind the Bush administration's policy of funding massive deficits with foreign borrowing. They show that the crisis was foreseen by many and was avoidable through appropriate policy measures. They examine the continuing impact of our huge debt on the continuing slow recovery from the recession. Lost Decades will long be regarded as the standard account of the crisis and its aftermath.



Binding Type: Paperback
Publisher: W. W. Norton & Company
Published: 10/01/2012
ISBN: 9780393344103
Pages: 284
Weight: 0.55lbs
Size: 8.10h x 5.40w x 0.80d
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SKU: 4343427190

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PsyDoc
Charlottesville, US
★★★★★ 5
Fantastic EFT resource
Format: Paperback
Very well written with great examples to put the Emotionally Focused Therapy (EFT) approach into real applications for the couples therapist. A must read for anyone who really wanted to become proficient in the EFT model.
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Reviewed in the United States on December 11, 2022
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Elise M.
Dallas, US
★★★★★ 5
Best EFT book out there!
Format: Paperback
I borrowed this from a colleague and had to buy my own because I found it to be so helpful.
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Reviewed in the United States on August 18, 2023
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jk
San Leandro, US
★★★★★ 5
Excellent resource!
Format: Paperback
This is an amazing book. In Lorrie's way she breaks down EFT in a clear and concise way and provides strong support for all clinicians regardless of their level of training or experience. I can see this book being a go to book and plan to refer to it regularly both as a clinicna and as a supervisor of EFT therapists.
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Reviewed in the United States on October 21, 2017
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Dawn White
Lowell, US
★★★★★ 5
A Must for Every EFTer!
Format: Paperback
Lorrie's gentle style and compassion come across clearly in this very well written resource. This is essential for all EFTers, seasonal and just beginning!
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Reviewed in the United States on March 13, 2018
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C. Corcoran
Grantham, US
★★★★★ 5
EFT Must Have
Format: Paperback
The basic bible for any EFTer, just starting out, or even certified. Lorrie does a brilliant job bringing all the elements of EFT together for therapists working to help their couples and clients.
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Reviewed in the United States on December 11, 2017

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