Boom and Bust : Financial Cycles and Human Prosperity.

While the recent economic crisis was a painful period for many Americans, the panic surrounding the downturn was fueled by an incomplete understanding of economic history. Economic hysteria made for riveting journalism and effective political theater, butthe politicians and members of the media who...

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Bibliographic Details
Online Access: Full text (MCPHS users only)
Main Author: Pollock, Alex J.
Format: Electronic eBook
Language:English
Published: Lanham : Rowman & Littlefield Pub. Group, 2010
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Local Note:ProQuest Ebook Central
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Summary:While the recent economic crisis was a painful period for many Americans, the panic surrounding the downturn was fueled by an incomplete understanding of economic history. Economic hysteria made for riveting journalism and effective political theater, butthe politicians and members of the media who declared that America was in the midst of the greatest financial calamity since the Great Depression were as wrong and misguided as the expansionists of the Roosevelt era. In reality the cyclical nature of market economies is as old as the markets themselves. In a free market system, financial down.
Physical Description:1 online resource (107 pages)
ISBN:9780844743844
0844743844
Source of Description, Etc. Note:Print version record.