Title
After the Music Stopped: The Financial Crisis, the Response, and the Work Ahead,New
Delivery time: 8-12 business days (International)
The New York Times bestseller'Blinder's book deserves its likely place near the top of reading lists about the crisis. It is the best comprehensive history of the episode... A riveting tale.' Financial TimesOne of our wisest and most cleareyed economic thinkers offers a masterful narrative of the crisis and its lessons.Many fine books on the financial crisis were first drafts of historybooks written to fill the need for immediate understanding. Alan S. Blinder, esteemed Princeton professor, Wall Street Journal columnist, and former vice chairman of the Federal Reserve Board, held off, taking the time to understand the crisis and to think his way through to a truly comprehensive and coherent narrative of how the worst economic crisis in postwar American history happened, what the government did to fight it, and what we can do from heremired as we still are in its wreckage.With bracing clarity, Blinder shows us how the U.S. financial system, which had grown far too complex for its own goodand too unregulated for the public goodexperienced a perfect storm beginning in 2007. Things started unraveling when the muchchronicled housing bubble burst, but the ensuing implosion of what Blinder calls the bond bubble was larger and more devastating. Some people think of the financial industry as a sideshow with little relevance to the real economywhere the jobs, factories, and shops are. But finance is more like the circulatory system of the economic body: if the blood stops flowing, the body goes into cardiac arrest. When Americas financial structure crumbled, the damage proved to be not only deep, but wide. It took the crisis for the world to discover, to its horror, just how truly interconnectedand fragilethe global financial system is. Some observers argue that large global forces were the major culprits of the crisis. Blinder disagrees, arguing that the problem started in the U.S. and was pushed abroad, as complex, opaque, and overrated investment products were exported to a hungry world, which was nearly poisoned by them.The second part of the story explains how American and international government intervention kept us from a total meltdown. Many of the U.S. governments actions, particularly the Feds, were previously unimaginable. And to an amazingand certainly misunderstoodextent, they worked. The worst did not happen. Blinder offers cleareyed answers to the questions still before us, even if some of the choices ahead are as divisive as they are unavoidable. After the Music Stopped is an essential history that we cannot afford to forget, because one thing history teaches is that it will happen again.
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Shipping
We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.
Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.
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Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
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Frequently Asked Questions
- Q: What is the main topic of 'After the Music Stopped'? A: 'After the Music Stopped' discusses the financial crisis of 2007-2008, its causes, the government response, and the implications for the future of the economy.
- Q: Who is the author of the book? A: The book is authored by Alan S. Blinder, a distinguished economist, Princeton professor, and former vice chairman of the Federal Reserve Board.
- Q: What type of binding does this book have? A: The book is available in paperback binding.
- Q: How many pages are in 'After the Music Stopped'? A: The book contains 528 pages.
- Q: Is this book suitable for beginners in economics? A: 'After the Music Stopped' is written for a general audience and provides a comprehensive yet accessible overview of the financial crisis, making it suitable for beginners.
- Q: When was 'After the Music Stopped' published? A: 'After the Music Stopped' was published on December 18, 2013.
- Q: What can readers expect to learn from this book? A: Readers can expect to learn about the complexities of the financial crisis, the interconnectedness of the global financial system, and the lessons that can be drawn to prevent future crises.
- Q: What are some key features of this book? A: Key features include a detailed narrative of the financial crisis, clear explanations of economic concepts, and insights into government interventions during the crisis.
- Q: Is the book in new condition? A: Yes, the book is listed as 'New' condition.
- Q: What genre does 'After the Music Stopped' fall under? A: The book falls under the genre of Economic Conditions.