SKU: 4343427190

Lost Decades: The Making of America's Debt Crisis and the Long Recovery

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Lost Decades: The Making of America's Debt Crisis and the Long RecoveryThe U. S. economy lost the first decade of the twenty first century to an ill conceived boom and subsequent bust. It is in danger of losing another decade to the stagnation of an incomplete recovery. How did this happen? Read this lucid explanation of the origins and long term effects of the recent financial crisis, drawn in historical and comparative perspective by two leading political economists. By 2008 the United States had become the biggest

The U.S. economy lost the first decade of the twenty-first century to an ill-conceived boom and subsequent bust. It is in danger of losing another decade to the stagnation of an incomplete recovery. How did this happen? Read this lucid explanation of the origins and long-term effects of the recent financial crisis, drawn in historical and comparative perspective by two leading political economists.

By 2008 the United States had become the biggest international borrower in world history, with more than two-thirds of its $6 trillion federal debt in foreign hands. The proportion of foreign loans to the size of the economy put the United States in league with Mexico, Indonesia, and other third-world debtor nations. The massive inflow of foreign funds financed the booms in housing prices and consumer spending that fueled the economy until the collapse of late 2008. This was the most serious international economic crisis since the Great Depression of the 1930s.

Menzie Chinn and Jeffry Frieden explain the political and economic roots of this crisis as well as its long-term effects. They explore the political strategies behind the Bush administration's policy of funding massive deficits with foreign borrowing. They show that the crisis was foreseen by many and was avoidable through appropriate policy measures. They examine the continuing impact of our huge debt on the continuing slow recovery from the recession. Lost Decades will long be regarded as the standard account of the crisis and its aftermath.



Binding Type: Paperback
Publisher: W. W. Norton & Company
Published: 10/01/2012
ISBN: 9780393344103
Pages: 284
Weight: 0.55lbs
Size: 8.10h x 5.40w x 0.80d
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SKU: 4343427190

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Better than expected
I bought this thinking it was just like any other cabin air filter that fit my truck. It fits my truck perfectly. The Surprise was that it has a carbon filter side and is very well made. I can recommend this to you, and I will buy it again when it is time for a replacement.
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Fit well
Seemed to fit in very well, was easy to install, and doesn't smell. I could see the charcoal beads on one side, which should help to pull out any contaminates; much better than the oem paper filters. Good value for the money.
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Birmingham, US
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Great product and price
Great price and works really well. Ford make it a little challenging to change this as you gave to remove the glove box but filter fitted perfectly and the musty smell has gone now.
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Airflow
A very nice sturdy and colorful filter. The only drawback I have is I think the carbon medium is so thick that it does restricts the airflow a bit. I do notice the air is filtered better than my previous filter, which is why I am keeping it.
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