The Second Great Contraction: From This Time Is Different

We've been assured that the recession is over, but the country and the economy continue to feel the effects of the 2008 financial crisis, and people are still searching for answers about what caused it, what it has wrought, and how we can recover. This selection from the best-selling book This Time Is Different—the definitive history of financial crises, including the recent subprime meltdown—answers these questions and more.

Princeton Shorts are brief selections excerpted from influential Princeton University Press publications produced exclusively in eBook format. They are selected with the firm belief that while the original work remains an important and enduring product, sometimes we can all benefit from a quick take on a topic worthy of a longer book.

In a world where every second counts, how better to stay up-to speed on current events and digest the kernels of wisdom found in the great works of the past? Princeton Shorts enables you to be an instant expert in a world where information is everywhere but quality is at a premium. The Second Great Contraction does just that.

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The Second Great Contraction: From This Time Is Different

We've been assured that the recession is over, but the country and the economy continue to feel the effects of the 2008 financial crisis, and people are still searching for answers about what caused it, what it has wrought, and how we can recover. This selection from the best-selling book This Time Is Different—the definitive history of financial crises, including the recent subprime meltdown—answers these questions and more.

Princeton Shorts are brief selections excerpted from influential Princeton University Press publications produced exclusively in eBook format. They are selected with the firm belief that while the original work remains an important and enduring product, sometimes we can all benefit from a quick take on a topic worthy of a longer book.

In a world where every second counts, how better to stay up-to speed on current events and digest the kernels of wisdom found in the great works of the past? Princeton Shorts enables you to be an instant expert in a world where information is everywhere but quality is at a premium. The Second Great Contraction does just that.

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The Second Great Contraction: From This Time Is Different

The Second Great Contraction: From This Time Is Different

The Second Great Contraction: From This Time Is Different

The Second Great Contraction: From This Time Is Different

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Overview

We've been assured that the recession is over, but the country and the economy continue to feel the effects of the 2008 financial crisis, and people are still searching for answers about what caused it, what it has wrought, and how we can recover. This selection from the best-selling book This Time Is Different—the definitive history of financial crises, including the recent subprime meltdown—answers these questions and more.

Princeton Shorts are brief selections excerpted from influential Princeton University Press publications produced exclusively in eBook format. They are selected with the firm belief that while the original work remains an important and enduring product, sometimes we can all benefit from a quick take on a topic worthy of a longer book.

In a world where every second counts, how better to stay up-to speed on current events and digest the kernels of wisdom found in the great works of the past? Princeton Shorts enables you to be an instant expert in a world where information is everywhere but quality is at a premium. The Second Great Contraction does just that.


Product Details

ISBN-13: 9781400841127
Publisher: Princeton University Press
Publication date: 07/18/2011
Series: Princeton Shorts , #6
Sold by: Barnes & Noble
Format: eBook
Pages: 82
Sales rank: 850,517
File size: 2 MB

About the Author

Carmen M. Reinhart is currently vice president and chief economist at the World Bank. She is the Minos A. Zombanakis Professor of the International Financial System at the Harvard Kennedy School. Kenneth S. Rogoff is the Thomas D. Cabot Professor of Public Policy and professor of economics at Harvard University. He is a frequent commentator for NPR, the Wall Street Journal, and the Financial Times.

Table of Contents

  • FrontMatter, pg. i
  • Authors’ Note, pg. iii
  • The U.S. Subprime Meltdown and the Second Great Contraction, pg. 199
  • 13. The U.S. Subprime Crisis: An International and Historical Comparison, pg. 202
  • 14. The Aftermath Of Financial Crises, pg. 223
  • 15. The International Dimensions Of The Subprime Crisis: The Results Of Contagion Or Common Fundamentals?, pg. 240
  • 16. Composite Measures of Financial Turmoil, pg. 248
  • NOTES, pg. 403
  • About the Authors, pg. 408

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