The age of austerity : the global financial crisis and the return to economic growth / Thomas J. Schoenbaum.
2012
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Author
Title
The age of austerity : the global financial crisis and the return to economic growth / Thomas J. Schoenbaum.
Added Corporate Author
Imprint
Cheltenham, U.K. ; Northampton, Mass. : Edward Elgar, [2012]
Copyright
©2012
Description
1 online resource (x, 214 pages)
Series
Elgaronline.
Formatted Contents Note
1. An historic turning point
2. The course of the crisis
3. Causes
4. Emergency fiscal and monetary measures
5. International reforms
6. The regulatory answer
7. Assaulting austerity
8. A reprise of the argument.
2. The course of the crisis
3. Causes
4. Emergency fiscal and monetary measures
5. International reforms
6. The regulatory answer
7. Assaulting austerity
8. A reprise of the argument.
Summary
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.
Bibliography, etc. Note
Includes bibliographical references and index.
Linked Resources
Language
English
ISBN
9781781951453 e-book
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