Description

Book Synopsis
Why do severe recessions happen? Could we have prevented the Great Recession and its consequences? And what actions are needed to prevent such crises going forward? This book offers convincing answers to some of the most important questions faced by the economy.

Trade Review
"Distills lessons about the crisis from their recent research into one easily digestible package." (Economist) "The economists Mian and Sufi are our leading experts on the problems created by debt overhang." (Paul Krugman, New York Review of Books) "A concise and powerful account of how the great recession happened and what should be done to avoid another one." (Wall Street Journal) "The most important economics book of the year." (Lawrence Summers, Financial Times) "Mian and Sufi deserve credit of another kind for detalling how ensnared the American Dream is in this tangled web of debt finance-and how exposed the vast majority of us are to the broader economic consequences." (Atlantic)

House of Debt How They and You Caused the Great

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    A Paperback / softback by Atif Mian, Amir Sufi, Amir Sufi

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      View other formats and editions of House of Debt How They and You Caused the Great by Atif Mian

      Publisher: The University of Chicago Press
      Publication Date: 20/05/2015
      ISBN13: 9780226271651, 978-0226271651
      ISBN10: 022627165X
      Also in:
      Business, Finance & Law Economic and financial crises and disasters

      Description

      Book Synopsis
      Why do severe recessions happen? Could we have prevented the Great Recession and its consequences? And what actions are needed to prevent such crises going forward? This book offers convincing answers to some of the most important questions faced by the economy.

      Trade Review
      "Distills lessons about the crisis from their recent research into one easily digestible package." (Economist) "The economists Mian and Sufi are our leading experts on the problems created by debt overhang." (Paul Krugman, New York Review of Books) "A concise and powerful account of how the great recession happened and what should be done to avoid another one." (Wall Street Journal) "The most important economics book of the year." (Lawrence Summers, Financial Times) "Mian and Sufi deserve credit of another kind for detalling how ensnared the American Dream is in this tangled web of debt finance-and how exposed the vast majority of us are to the broader economic consequences." (Atlantic)

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