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Unintended Consequences: Why Everything You've Been Told About the Economy Is Wrong
Paperback
EconomicsPersonal FinanceGeneral Political Science
ISBN13: 9781591846307
Publisher: Penguin Publishing Group
Published: Apr 30 2013
Pages: 320
Weight: 0.61
Height: 1.00 Width: 5.40 Depth: 8.40
Language: English
The conventional wisdom now accuses Wall Street and the mortgage industry of using predatory tactics to seduce homeowners. Meanwhile, average Americans are blamed for increasing consumption to unsustainable levels by borrowing recklessly. And the tax policies of the Reagan and Bush administrations are blamed for encouraging reckless risk-taking.
Edward Conard disagrees. In an attempt to set the record straight he presents a fascinating new case for how the economy really works, why the U.S. has outperformed other countries, what caused the financial crisis, and what improvements might better protect our economy without damaging growth.
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