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Book Synopsis
An analysis of the enduring social costs of the post-2008 economic crisis 2008 was a watershed year for global finance. The banking system was eventually pulled back from the brink, but the world was saddled with the worst slump since the 1930s Depression, and millions were left unemployed. While numerous books have addressed the financial crisis, very little has been written about its social consequences. Journalist Tom Clark draws on the research of a transatlantic team led by Professors Anthony Heath and Robert D. Putnam to determine the great recession's toll on individuals, families, and community bonds in the United States and the United Kingdom. The ubiquitous metaphor of the crisis has been an all-encompassing financial storm, but Clark argues that the data tracks the narrow path of a tornadodestroying some neighborhoods while leaving others largely untouched. In our vastly unequal societies, disproportionate suffering is being meted out to the poorand the book's new analys

Hard Times Inequality Recession Aftermath

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    A Paperback / softback by Tom Clark, Anthony Heath

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      Publisher: Yale University Press
      Publication Date: 15/02/2015
      ISBN13: 9780300212747, 978-0300212747
      ISBN10: 0300212747

      Description

      Book Synopsis
      An analysis of the enduring social costs of the post-2008 economic crisis 2008 was a watershed year for global finance. The banking system was eventually pulled back from the brink, but the world was saddled with the worst slump since the 1930s Depression, and millions were left unemployed. While numerous books have addressed the financial crisis, very little has been written about its social consequences. Journalist Tom Clark draws on the research of a transatlantic team led by Professors Anthony Heath and Robert D. Putnam to determine the great recession's toll on individuals, families, and community bonds in the United States and the United Kingdom. The ubiquitous metaphor of the crisis has been an all-encompassing financial storm, but Clark argues that the data tracks the narrow path of a tornadodestroying some neighborhoods while leaving others largely untouched. In our vastly unequal societies, disproportionate suffering is being meted out to the poorand the book's new analys

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