The housing boom and bust
(Book)

Book Cover
Average Rating
Published:
New York : Basic Books, 2009.
Status:
Central Adult Nonfiction
332.722 SOWEL
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Central Adult Nonfiction
332.722 SOWEL
Available
Mar 24, 2019
Description
This is a plain-English explanation of how we got into the current economic disaster that developed out of the economics and politics of the housing boom and bust. The “creative” financing of home mortgages and the even more “creative” marketing of financial securities based on American mortgages to countries around the world, are part of the story of how a financial house of cards was built up—and then suddenly collapsed.

The politics behind all this is another story full of strange twists. No punches are pulled when discussing politicians of either party, the financial dangers they created, or the distractions they created later to escape their own responsibility for what happened when the financial house of cards in the financial markets collapsed.

What to do, now that we are in the midst of an economic disaster, is yet another story—one whose ending we do not yet know, but one whose outlines and implications are explored to reveal some surprising and sobering lessons.

More Details
Format:
Book
Physical Desc:
vii, 184 pages ; 25.
Language:
English
ISBN:
9780465018802, 0465018807

Notes

Bibliography
Includes bibliographical references (pages 151-179) and index.
Description
Explains how we got into the current economic disaster that developed out of the economics and politics of the housing boom and bust. The "creative" financing of home mortgages and "creative" marketing of financial securities based on these mortgages to countries around the world, are part of the story of how a financial house of cards was built up--and then collapsed.
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Citations
APA Citation (style guide)

Sowell, T. (2009). The housing boom and bust. New York: Basic Books.

Chicago / Turabian - Author Date Citation (style guide)

Sowell, Thomas, 1930-. 2009. The Housing Boom and Bust. New York: Basic Books.

Chicago / Turabian - Humanities Citation (style guide)

Sowell, Thomas, 1930-, The Housing Boom and Bust. New York: Basic Books, 2009.

MLA Citation (style guide)

Sowell, Thomas. The Housing Boom and Bust. New York: Basic Books, 2009. Print.

Note! Citation formats are based on standards as of July 2010. Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy.
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aade8379-6fde-af83-0ac8-8fee00fc46e4
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