The Roller Coaster Economy

The Roller Coaster Economy
Author :
Publisher : Routledge
Total Pages : 263
Release :
ISBN-10 : 9781317454724
ISBN-13 : 1317454723
Rating : 4/5 (723 Downloads)

Book Synopsis The Roller Coaster Economy by : Howard J Sherman

Download or read book The Roller Coaster Economy written by Howard J Sherman and published by Routledge. This book was released on 2015-07-17 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written by one of the foremost experts on the business cycle, this is a compelling and engaging explanation of how and why the economic downturn of 2007 became the Great Recession of 2008 and 2009. Author Howard Sherman explores the root causes of the cycle of boom and bust of the economy, focusing on the 2008 financial crisis and the Great Recession of 2008-2009. He makes a powerful argument that recessions and the resulting painful involuntary unemployment are inherent in capitalism itself. Sherman clearly illustrates the mechanisms of business cycles, and he provides a thoughtful alternative that would rein in their destructive effects.


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