Lessons Of The Financial Crisis (Council On Foreign Relations (Council On Foreign Relations Press)),New

Lessons Of The Financial Crisis (Council On Foreign Relations (Council On Foreign Relations Press)),New

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SKU: DADAX0876094329
UPC: 9780876094327
Brand: Council on Foreign Relations Press
Condition: New
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In this report, Benn Steil shows that the financial crisis is the inevitable bust of a classic credit boom, and explains how monetary, taxation, and home ownership promotion policy combined with other features of the financial system to fuel an unsustainable buildup in debt. He recommends significant reforms to reverse the debt financing bias and make the system more resilient to falls in asset prices.

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