Coverart for item
The Resource House of debt : how they (and you) caused the great recession, and how we can prevent it from happening again, Atif Mian and Amir Sufi

House of debt : how they (and you) caused the great recession, and how we can prevent it from happening again, Atif Mian and Amir Sufi

Label
House of debt : how they (and you) caused the great recession, and how we can prevent it from happening again
Title
House of debt
Title remainder
how they (and you) caused the great recession, and how we can prevent it from happening again
Statement of responsibility
Atif Mian and Amir Sufi
Creator
Contributor
Author
Subject
Language
eng
Summary
The Great American Recession resulted in the loss of eight million jobs between 2007 and 2009. More than four million homes were lost to foreclosures. Is it a coincidence that the United States witnessed a dramatic rise in household debt in the years before the recession - that the total amount of debt for American households doubled between 2000 and 2007 to $14 trillion? Definitely not. Armed with clear and powerful evidence, Atif Mian and Amir Sufi reveal in 'House of Debt' how the Great Recession and Great Depression, as well as the current economic malaise in Europe, were caused by a large run-up in household debt followed by a significantly large drop in household spending
Cataloging source
ICU/DLC
Dewey number
330.973/0931
Illustrations
illustrations
Index
index present
LC call number
HB3743
LC item number
.M53 2014
Literary form
non fiction
Nature of contents
bibliography
Label
House of debt : how they (and you) caused the great recession, and how we can prevent it from happening again, Atif Mian and Amir Sufi
Instantiates
Publication
Bibliography note
Includes bibliographical references (pages 191-207) and index
Contents
A scandal in Bohemia -- Busted -- Debt and destruction -- Cutting back -- Levered losses: the theory -- Explaining unemployment -- Boil and bubble -- The credit expansion -- Conduit to disaster -- Debt and bubbles -- Stopping the cycle -- Save the banks, save the economy? -- Forgiveness -- Monetary and fiscal policy -- Sharing
Control code
sky258659761
Dimensions
24 cm.
Extent
219 pages
Isbn
9780226081946
Lccn
2013049671
Other physical details
illustrations
System control number
i9780226081946
Label
House of debt : how they (and you) caused the great recession, and how we can prevent it from happening again, Atif Mian and Amir Sufi
Publication
Bibliography note
Includes bibliographical references (pages 191-207) and index
Contents
A scandal in Bohemia -- Busted -- Debt and destruction -- Cutting back -- Levered losses: the theory -- Explaining unemployment -- Boil and bubble -- The credit expansion -- Conduit to disaster -- Debt and bubbles -- Stopping the cycle -- Save the banks, save the economy? -- Forgiveness -- Monetary and fiscal policy -- Sharing
Control code
sky258659761
Dimensions
24 cm.
Extent
219 pages
Isbn
9780226081946
Lccn
2013049671
Other physical details
illustrations
System control number
i9780226081946

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      41.7228 -71.1202
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      42.0672 -71.1052
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