shop by
Category
items
0 

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

Author: Conard, Edward

Customer Reviews   Write a Review

Be the first to review this item and earn 25 Rakuten Super Points™

Product Overview

In the aftermath of the Financial Crisis, many com?monly held beliefs have emerged to explain its cause. Conventional wisdom blames Wall Street and the mortgage industry for using low down pay?ments, 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 spend?ing 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.
But according to Unintended Consequences, the conventional wisdom masks the real causes of our economic disruption and puts us at risk of facing a slew of unintended?and potentially dangerous?consequences. This book addresses many essential but overlooked questions, such as:
  • If the United States had become a nation of reckless consumers rather than investors, why did productivity soar in the years leading up to the meltdown?
  • If predatory bankers took advantage of home owners, why did down payments decline, thereby shifting risk from home owners to lenders?
  • If the risks were easy to spot, why did top politi?cal and financial advisers encourage lenders to make unsound investments?
  • If new regulations encourage banks to hold enough capital to fund withdrawals and not just loan losses, how will the economy underwrite the risks necessary to reach full employment?
In an attempt to set the record straight and fill the void left by other analysts, Conard presents a fas?cinating and contrarian case for how the economy really works, what went wrong over the past decade, and what steps we can take to start growing again.


To read an excerpt from Unintended Consequences, please visit http://www.edwardconard.com/book-excerpt
For up-to-date information on everything related to Unintended Consequences, visit www.edwardconard.com

Specifications

Publisher Portfolio
Mfg Part# 9781591845508
SKU 226447793
Format Hardcover
ISBN10 1591845505
Release Date 8/13/2012
Product Attributes
eBooks Kobo
loading
Sold Out
Sorry, you missed the deal!
This product is currently not available.
ADVERTISEMENT
Promotions & Offers (1)
  •  custom promo
    5% Back* Sitewide with Promo Code Rewardme *See page for details
Buy From Other Sellers (0)
kobo
  • Take your library with you wherever you go
  • Use the device you want to use… smartphone, desktop and many of today’s most popular eReaders

WHY KOBO?

We love the Kobo eReading service… and we know you will too. We’ve partnered with them to bring you the most flexible, enjoyable eReading experience in the U.S.

SHOPPING ON KOBO

You’ll be asked to sign in or create a new account with Kobo. Once you do, you’ll immediately get access to millions of titles and be ready to start eReading. Anytime. Anyplace.

continue to kobo
ADVERTISEMENT
ADVERTISEMENT