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Boom and Bust - 11 edition

Boom and Bust (ISBN10: 0844743836; ISBN13: 9780844743837)
ISBN13: 978-0844743837
ISBN10: 0844743836

Summary: The panic inspired by the recent financial crisis was fueled by an incomplete understanding of economic history. In a free market system, financial downturns inevitably accompany economic prosperity-but the overall trend is upward progress in living standards and wealth. In Boom and Bust, Alex J. Pollock argues that the free market, despite its ups and downs, offers greater opportunities for growth than any other economic system-including gains in health and longevity, better jobs, b
roader access to education, and individual liberty.
...show more
Summary: The panic inspired by the recent financial crisis was fueled by an incomplete understanding of economic history. In a free market system, financial downturns inevitably accompany economic prosperity-but the overall trend is upward progress in living standards and wealth. In Boom and Bust, Alex J. Pollock argues that the free market, despite its ups and downs, offers greater opportunities for growth than any other economic system-including gains in health and longevity, better jobs, broader access to education, and individual liberty. ...show less

Edition/Copyright: 11
Cover: Paperback
Publisher: American Enterprise Institute Press
Year Published: 2011
International: No



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