WRONG: Nine Economic Policy Disasters and What We Can Learn from Them

Hardcover | October 30, 2013

byRichard S. Grossman

not yet rated|write a review
During the last several years, the world has been rocked by two major economic crises: the US subprime meltdown and the European sovereign debt crisis. Neither of these episodes happened purely by accident. Rather, like many economic disasters, they were the result of poor policy choices.In WRONG: Nine Economic Policy Disasters and What We Can Learn from Them, Richard Grossman examines nine of history's worst economic policy blunders of the last 250 years in order to learn why these policies were adopted and how they went so wrong. Considering events as diverse as trade policy inthe 18th century, famine relief policy in the 19th century, post-war reconstruction in the 20th century, and the subprime and sovereign debt crises in the 21st century, WRONG presents detailed post-mortem analyses of some of the world's most severe economic policy failures. Where do bad economic policies come from? The most glaring errors have been made when policy makers have been guided by ideology rather than cold, hard analysis. Presented clearly and jargon-free, Grossman's WRONG provides a valuable guide book for policy makers... and the citizens who electthem.

Pricing and Purchase Info

$16.71 online
$29.95 list price (save 44%)
Ships within 1-3 weeks
Ships free on orders over $25
Prices may vary. why?
Please call ahead to confirm inventory.

From the Publisher

During the last several years, the world has been rocked by two major economic crises: the US subprime meltdown and the European sovereign debt crisis. Neither of these episodes happened purely by accident. Rather, like many economic disasters, they were the result of poor policy choices.In WRONG: Nine Economic Policy Disasters and Wh...

Richard S. Grossman is Professor of Economics at Wesleyan University.
Format:HardcoverDimensions:288 pages, 8.25 × 5.5 × 0.98 inPublished:October 30, 2013Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0199322198

ISBN - 13:9780199322190

Look for similar items by category:

Customer Reviews of WRONG: Nine Economic Policy Disasters and What We Can Learn from Them

Reviews

Extra Content

Table of Contents

PrefacePrologue1. Introduction2. How to Lose an Empire without Really trying: British Imperial Policy in North America3. Establish, Disestablish, Repeat: The First and Second Banks of the United States4. The Great Hunger: Famine in Ireland, 1846-18525. The Krauts Will Pay: German Reparations after World War I6. Shackled with Golden Fetters: Britain's Return to the Gold Standard, 1925-19317. Trading Down: The Smooth-Hawley Tariff, 19308. Why Didn't Anyone Pull the Andon Cord? Japan's Lost Decade9. The Worst Financial Crisis Since the Great Depression: The Subprime Meltdown10. I'm OK. Euro not OK?11. What Have We Learned? Where Do We Go From Here?Bibliography