Name: barcos, marinos y mares
SKU: 7665488
Price: 22.31 USD
Availability: InStock
Author: young

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Formato

Libro Físico

Editorial

lumen

Autor

young

ISBN

9507240322

ISBN13

9789507240324

Editado en

Argentina

barcos, marinos y mares

Young (Autor) · lumen · Libro Físico

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Reseña del libro "barcos, marinos y mares"

the us economy today is confronted with the prospect of extended stagnation. this book explores why. thomas i. palley argues that the great recession and destruction of shared prosperity is due to flawed economic policy over the past thirty years. one flaw was the growth model adopted after 1980 that relied on debt and asset price inflation to fuel growth instead of wages. a second flaw was the model of globalization that created an economic gash. financial deregulation and the house price bubble kept the economy going by making ever more credit available. as the economy cannibalized itself by undercutting income distribution and accumulating debt, it needed larger speculative bubbles to grow. that process ended when the housing bubble burst. the book explains why the economy is now confronted with stagnation rather than the quick recovery predicted by other accounts.