Getting Off Track: How Government Actions and Interventions Caused, Prolonged

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Item specifics

Condition
Brand New: A new, unread, unused book in perfect condition with no missing or damaged pages. See all condition definitionsopens in a new window or tab
Binding
Hardcover
Product Group
Book
Weight
0 lbs
Subject
Government
IsTextBook
No
ISBN
9780817949716
Category

About this product

Product Identifiers

Publisher
Hoover Institution Press
ISBN-10
0817949712
ISBN-13
9780817949716
eBay Product ID (ePID)
71914338

Product Key Features

Number of Pages
92 Pages
Publication Name
Getting off Track : How Government Actions and Interventions Caused, Prolonged, and Worsened the Financial Crisis
Language
English
Subject
Economic History, Finance / General, Real Estate / Mortgages, Public Policy / Economic Policy, Money & Monetary Policy
Publication Year
2009
Type
Textbook
Subject Area
Political Science, Business & Economics
Author
John B. Taylor
Format
Hardcover

Dimensions

Item Height
0.5 in
Item Weight
10.6 Oz
Item Length
8 in
Item Width
5.2 in

Additional Product Features

Intended Audience
Scholarly & Professional
LCCN
2009-003410
Reviews
If Milton Friedman and I had written as persuasive an analysis as this, one year--rather than 30 years--after the Great Depression began, the United States might have had a typical recession rather than the greatest downturn in history. - Anna Schwartz , author, with Milton Friedman, of The Great Contraction, 1929-1933, This short volume does a masterful job of tracking the stunning financial market and macroeconomic events of 2007 and 2008, and it provides an organizing framework that will enable the specialist and novice alike to examine these events in a coherent setting. - James Poterba , Mitsui Professor of Economics at MIT and President and CEO of the National Bureau of Economic Research, If Milton Friedman and I had written as persuasive an analysis as this, one year-rather than 30 years-after the Great Depression began, the United States might have had a typical recession rather than the greatest downturn in history. - Anna Schwartz , author, with Milton Friedman, of The Great Contraction, 19291933, ...cogent, thorough and compelling...Taylor sums up his argument in his subtitle: How Government Actions and Interventions Caused, Prolonged and Worsened the Financial Crisis. Take a moment to absorb that. Although we're told every day that the crisis arose from failures in the free markets--that it represents a crisis of capitalism itself--an eminent economist has now stepped forward to say, in effect, "Nonsense." The markets didn't fail, Taylor argues, the government did. - Peter Robinson , What Caused the Crisis? Forbes.com, John Taylor is one of the very few who points out the errors that the Federal Reserve made during this difficult period and also shows how they could avoid them. Members of Congress should read this book instead of looking for scapegoats in the wrong places. - Allan Meltzer , author of The History of the Federal Reserve, Big problems confront us, and responses of immense size are on the table. We desperately need a solid and fact-based analysis so that we get the prescription right. John Taylor provides just that. A must-read for everyone involved. - George Shultz , former secretary of Treasury, State, and Labor and Budget Director, …cogent, thorough and compelling…Taylor sums up his argument in his subtitle: How Government Actions and Interventions Caused, Prolonged and Worsened the Financial Crisis. Take a moment to absorb that. Although we're told every day that the crisis arose from failures in the free markets-that it represents a crisis of capitalism itself--an eminent economist has now stepped forward to say, in effect, "Nonsense." The markets didn't fail, Taylor argues, the government did. - Peter Robinson , What Caused the Crisis? Forbes.com
Illustrated
Yes
Synopsis
Offers empirical research to explain what caused the financial crisis, what prolonged it, and what dramatically worsened it more than a year after it began. The evidence presented strongly suggests that specific government actions and interventions are largely to blame and that any future government interventions must be based on a clearly stated diagnosis of the problem and a rationale for the interventions., In this concise volume, leading economist John B. Taylor offers empirical research to explain what caused the current financial crisis, what prolonged it, and what dramatically worsened it more than a year after it began. The evidence he presents strongly suggests that specific government actions and interventions are largely to blame and that any future government interventions must be based on a clearly stated diagnosis of the problem and a rationale for the interventions.
LC Classification Number
HB3722.T39 2009

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