MARC Record from marc_columbia

LEADER: 03263cam a2200361 a 4500
001 7725872
005 20221201023916.0
008 090716t20092009dcu b 001 0 eng
010 $a 2009026629
020 $a9781935308133 (alk. paper)
020 $a1935308130 (alk. paper)
024 $a40017738001
035 $a(OCoLC)ocn377802313
035 $a(OCoLC)377802313
035 $a(NNC)7725872
035 $a7725872
040 $aDLC$cDLC$dBTCTA$dOEL$dMOF$dC#P$dTLE$dOrLoB-B
043 $an-us---
050 00 $aHD7287.82.U6$bN67 2009
082 00 $a330.973$222
100 1 $aNorberg, Johan,$d1973-$0http://id.loc.gov/authorities/names/n98001122
245 10 $aFinancial fiasco :$bhow America's infatuation with homeownership and easy money created the economic crisis /$cJohan Norberg.
260 $aWashington, D.C. :$bCato Institute,$c[2009], ©2009.
300 $axvi, 186 pages ;$c24 cm
336 $atext$btxt$2rdacontent
337 $aunmediated$bn$2rdamedia
504 $aIncludes bibliographical references (p. 167-177) and index.
505 00 $g1.$tPreemptive Keynesianism -- $g2.$tCastles in the Air -- $g3.$tHow to Build Financial Weapons of Mass Destruction -- $g4.$tHurricane Season -- $g5.$tMadly in All Directions -- $g6.$tTomorrow Capitalism? -- $tMy Debts.
520 1 $a""The story of this storm in the global markets is the story of how government intervention to solve previous crises laid the foundation for a new one," writes Johan Norberg in his important new book. Tracing the causes of our current financial crisis with liveliness and clarity, Financial Fiasco shows the mistakes made in Washington, on Wall Street, and in communities across America that led to the economic meltdown. While many analysts have placed the blame solely on Wall Street, Norberg exposes the crucial role government regulation played in creating the opportunities and incentives that led to the financial collapse." "In six concise chapters, Financial Fiasco tells the complex story of the crisis, showing how monetary policy, housing policy, and financial innovations combined to create financial catastrophe. The final two chapters describe the government's mismanagement of the crisis and how we are now dangerously repeating many of the very same mistakes that caused it. An understanding of the roots of the financial crisis is crucial for every American who has felt its effects - and would like to prevent the same disaster from happening again. Financial Fiasco provides that understanding, with great insight, clarity, and wit." "Just as important, the book serves as a profound warning against pursuing the wrong solutions. "After government authorities had helped create the worst financial crisis in generations, the climate of ideas has now shifted dramatically in the direction of bigger and more active government," Norberg writes. Financial Fiasco is the perfect antidote to those ideas, a cautionary tale on how to stop confusing the disease with the cure."--BOOK JACKET.
650 0 $aHome ownership$xGovernment policy$zUnited States.
650 0 $aFinancial crises$zUnited States$xHistory$y21st century.
650 0 $aKeynesian economics.$0http://id.loc.gov/authorities/subjects/sh85072125
852 00 $boff,bus$hHD7287.82.U6$iN67 2009