No Way to Run an Economy: Why the System Failed and How to Put It Right - Couverture souple

Turner, Graham

 
9780745329765: No Way to Run an Economy: Why the System Failed and How to Put It Right

Synopsis

In The Credit Crunch, Graham Turner predicted that banks would be nationalised and interest rates would be reduced too slowly to halt the crisis. His predictions were correct. His new book, No Way to Run an Economy, is the essential guide to the turbulent times ahead. Turner recommended radical measures, such as quantitative easing, in early 2008 but argues that action has been taken too late and been too timid to make a real difference. He dissects the policy mistakes of the last 12 months including Obama's doomed market-led response to the crisis and the obsession of central banks with the red herring of inflation. There is no doubt the economy is still in serious trouble, but Turner shows that learning from the mistakes made so far can prevent a situation worse than that of the 1930s crisis.

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À propos de l?auteur

Graham Turner is the founder of GFC Economics an independent economic consultancy which provides forecasting services for some of the world's largest banks. He has worked in the financial sector for over 20 years and is the author of The Credit Crunch (Pluto, 2008) and No Way to Run an Economy (Pluto, 2009).

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Autres éditions populaires du même titre

9780745329772: No Way to Run an Economy: Why the System Failed and How to Put It Right

Edition présentée

ISBN 10 :  0745329772 ISBN 13 :  9780745329772
Editeur : Pluto Press, 2009
Couverture rigide