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Money in the Great Recession: Did a Crash in Money Growth Cause the Global Slump? (Buckingham Studies in Money, Banking and Central Banking)

Penned By Tim Congdon
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Money in the Great Recession: Did a Crash in Money Growth Cause the Global Slump? (Buckingham Studies in Money, Banking and Central Banking)

Penned By Tim Congdon
4.85 56,881 Ratings
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Editor's Note:
No issue is more fundamental in contemporary macroeconomics than the causes of the recent Great Recession. The standard view is that the banks were to blame because they took on too much risk, 'went bust' and had to be bailed out by governments. But very few banks actually had losses in excess of their capital. The counter-argument presented in this stimulating new book is that the Great Recession was in fact caused by a collapse in the rate of change of the quantity of money. The book's argument echoes that on the causes of the Great Depression made by Friedman and Schwartz in their classic book A Monetary History of the United States.

Indulge in the ultimate literary experience. We've refined the way you discover and access Money in the Great Recession: Did a Crash in Money Growth Cause the Global Slump? (Buckingham Studies in Money, Banking and Central Banking) by Tim Congdon. Crafted for the discerning reader.

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Length 269 Pages
Released June 30, 2017
Identifier (ISBN) 34185341
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Tim Congdon
The Mind Behind the Work
Tim Congdon

Tim Congdon is the author of several novels. Originally from the East Coast, they now live in the Midwest with family. In addition to writing, Tim Congdon enjoys gardening, cooking, and reading way past bedtime. Their work often explores the complexities of everyday life and human relationships.

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