• Unintended Consequences: Why Everything You'v Been Told About the Economy Is Wrong

    • (Average rating 3.39 / 271 ratings / 43 reviews)

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    • Category : ECONOMICS (GENERAL)
    • ISBN Code: 9781591845508
    • Format : Hardcover
    • By (Author): Conard, Edward
    • Publisher: Portfolio Trade
    • Published Date: 07 Jun 2012

     

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In the aftermath of the Financial Crisis, many com­monly held beliefs have emerged to explain its cause. Conventional wisdom blames Wall Street and the mortgage industry for using low down pay­ments, teaser rates, and other predatory tactics to seduce unsuspecting home owners into assuming mortgages they couldn't afford. It blames average Americans for borrowing recklessly and spend­ing too much. And it blames the tax policies and deregulatory environment of the Reagan and Bush administrations for encouraging reckless risk taking by wealthy individuals and financial institutions.

 



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(Average rating 3.39 / 271 ratings / 43 reviews)

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MPH - Unintended Consequences: Why Everything You'v Been Told About the Economy Is Wrong ISBN - 9781591845508