SKU: 4343427190

Lost Decades: The Making of America's Debt Crisis and the Long Recovery

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Lost Decades: The Making of America's Debt Crisis and the Long RecoveryThe U. S. economy lost the first decade of the twenty first century to an ill conceived boom and subsequent bust. It is in danger of losing another decade to the stagnation of an incomplete recovery. How did this happen? Read this lucid explanation of the origins and long term effects of the recent financial crisis, drawn in historical and comparative perspective by two leading political economists. By 2008 the United States had become the biggest

The U.S. economy lost the first decade of the twenty-first century to an ill-conceived boom and subsequent bust. It is in danger of losing another decade to the stagnation of an incomplete recovery. How did this happen? Read this lucid explanation of the origins and long-term effects of the recent financial crisis, drawn in historical and comparative perspective by two leading political economists.

By 2008 the United States had become the biggest international borrower in world history, with more than two-thirds of its $6 trillion federal debt in foreign hands. The proportion of foreign loans to the size of the economy put the United States in league with Mexico, Indonesia, and other third-world debtor nations. The massive inflow of foreign funds financed the booms in housing prices and consumer spending that fueled the economy until the collapse of late 2008. This was the most serious international economic crisis since the Great Depression of the 1930s.

Menzie Chinn and Jeffry Frieden explain the political and economic roots of this crisis as well as its long-term effects. They explore the political strategies behind the Bush administration's policy of funding massive deficits with foreign borrowing. They show that the crisis was foreseen by many and was avoidable through appropriate policy measures. They examine the continuing impact of our huge debt on the continuing slow recovery from the recession. Lost Decades will long be regarded as the standard account of the crisis and its aftermath.



Binding Type: Paperback
Publisher: W. W. Norton & Company
Published: 10/01/2012
ISBN: 9780393344103
Pages: 284
Weight: 0.55lbs
Size: 8.10h x 5.40w x 0.80d
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SKU: 4343427190

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Great shirt for the price. Thin but comfortable. True to size.
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Very well made Oxford casual shirts.
Size: X-Large, Color: Sky Blue
I've ordered 8 of these Button-down collared, long sleeved Oxford shirts in eight different colors. I'm 6', weigh 195. And have a 44" chest and fairly broad shoulders. The XL give me ample room, plenty of shirt tail to tuck in. And are well made. The shirts have a nice soft feeling to them. If you wash them with like items, and dry them likewise, taking them out before the cycle ends and hanging them. You won't have a single wrinkle. The shirts are true to color, and true to size if you follow the size guideline. These are not tailor fit, but regular fit shirts. Fabric quality seems very durable and well made. There is no smell when receiving the shirts. No more so than buying a shirt at a retail store. They do come in a vacuum bag. The shirts are a little heavier than a poplin shirt and can be worn year-round. These are great casual shirts for jeans and a sport coat, or slacks. I like the quality and the colors. I also like the thickness of the shirts. All of the shirts I've bought, black, blue, etc, have white buttons. Which makes them more of a casual shirt. But well worth the price.
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Win Win Shirt no need to think on purchase.
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Beautiful shirt. true to size. perfect and cost are spectacular. trust me from a guy that bought many expensive shirts, this will deliver perfect fit and at the cost a double win.
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Great fit and comfortable shirt! The fabric isn't thin and flimsy like some dress shirts today.
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The shirt fit great! True to size. Only issue for me, it would have been nice if it was longer to tuck in.
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