The Age of Austerity: The Global Financial Crisis and the Return to Economic Growth

The Age of Austerity: The Global Financial Crisis and the Return to Economic Growth
ISBN-10
1781951446
ISBN-13
9781781951446
Category
Business & Economics
Pages
214
Language
English
Published
2012
Publisher
Edward Elgar Pub
Author
Thomas J. Schoenbaum

Description

The book begins with a detailed breakdown of the financial crisis and the government response in the United States, with particular focus on the Dodd-Frank Wall Street Reform and Consumer Protection Act. The author then puts forth a basic three-part plan calling for (1) fundamental tax and entitlement reform; (2) massive economic stimulus in the form of public and private investment to modernize the country's aging infrastructures; and (3) mortgage relief to revitalize the nation's housing markets. The book concludes with specific policy proposals designed to achieve these goals and return the US economy to a state of full employment and robust economic growth.--Résumé de l'éditeur.

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