Bubbles, Booms, and Busts: The Rise and Fall of Financial Assets - Couverture rigide

Rapp, Donald

 
9780387876290: Bubbles, Booms, and Busts: The Rise and Fall of Financial Assets
Couverture rigide
ISBN 10 : 0387876294 ISBN 13 : 9780387876290
Editeur : Springer-Verlag New York Inc., 2009

Synopsis

This book provides a thorough explanation of the nature and history of booms, bubbles and busts in financial markets. The first part of the book deals with financial booms and bubbles and how they emerge, develop and collapse. It describes the distribution of wealth, inflation, rationality of bankers, monetary and fiscal policy, the role of central banks, tax policies, social security, US federal, state, municipal and personal debt, and valuation of common stocks. The book describes historical boom/bust cycles including bubbles of the 1720s, the Florida land boom and the stock market in the 1920s, the depression of the 1930s, the S&L scandal of the 1980s, the great bull market of 1982-1995, the crash of 1987, the dot.com mania of 1995-2000, corporate swindles of the 1990s and 2000s, the sub-prime fiasco of the 2000s, and Japan in the late 20th century. Most of the recent wealth generation has derived from increased debt and appreciation of paper assets. The architects of the new economics were Ronald Reagan and Arthur Greenspan. Inevitably, the US Government's cure for excessive spending and inadequate revenues is to increase spending and cut revenues. American voters must choose between "tax and spend" Democrats and "spend and borrow" Republicans. The theme of American finance was uttered by VP Cheney: "Deficits don't matter".

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

À propos de l?auteur

This book provides a thorough explanation of the nature and history of booms, bubbles and busts in financial markets. The first part of the book deals with financial booms and bubbles and how they emerge, develop and collapse. It describes the distribution of wealth, inflation, rationality of bankers, monetary and fiscal policy, the role of central banks, tax policies, social security, US federal, state, municipal and personal debt, and valuation of common stocks. The book describes historical boom/bust cycles including bubbles of the 1720s, the Florida land boom and the stock market in the 1920s, the depression of the 1930s, the S&L scandal of the 1980s, the great bull market of 1982-1995, the crash of 1987, the dot.com mania of 1995-2000, corporate swindles of the 1990s and 2000s, the sub-prime fiasco of the 2000s, and Japan in the late 20th century. Most of the recent wealth generation has derived from increased debt and appreciation of paper assets. The architects of the new economics were Ronald Reagan and Arthur Greenspan. Inevitably, the US Government's cure for excessive spending and inadequate revenues is to increase spending and cut revenues. American voters must choose between "tax and spend" Democrats and "spend and borrow" Republicans. The theme of American finance was uttered by VP Cheney: "Deficits don't matter."

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
Springer-Verlag New York Inc.
Date d'édition
2009
Langue
anglais
ISBN 10 
0387876294
ISBN 13 
9780387876290
Reliure
Relié
Nombre de pages
296
Coordonnées du fabricant
non disponible
Personne responsable
CMN Printpool Inh. Mathis Neumann
https://www.also.com/ec/cms5/en_6000/6000/index.jsp

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Hamburg
Allemagne

Autres éditions populaires du même titre

9781493910939: Bubbles, Booms, and Busts: The Rise and Fall of Financial Assets

Edition présentée

ISBN 10 :  1493910930 ISBN 13 :  9781493910939
Editeur : Copernicus, 2014
Couverture souple