Description
Book SynopsisArgues not only that competent economists should have recognized the developing housing bubble, but also that policy makers and the media cheerfully neglected those economists who did predict danger. Dean Baker doesn’t engage in 20-20 hindsight, but documents the fundamental policy changes since 1980 that destabilized the economy and eroded the broad prosperity of the post-war period.
Trade Review"Dean Baker warned us what was coming. Now we can read why Dean got it right when so many experts were blind. The story is intriguing—and deeply disturbing."
—William Greider, national affairs correspondent, The Nation, and author of Come Home, America
Table of Contents
- The Bubble Economy: How We Got Here
- The Clinton Era and the Origins of the Stock Bubble
- The Collapse of the Stock Bubble and the 2001 Recession
- The Bubble Comes Home: The Beginnings of the Housing Bubble
- The Further Extension of the Housing Bubble and Its Final Collapse
- Beyond the Bubble Economy
