Notice bibliographique
- Notice
Type(s) de contenu et mode(s) de consultation : Texte noté. Image fixe : sans médiation
Auteur(s) : Mian, Atif (1975-....)
Sufi, Amir
Titre(s) : House of debt [Texte imprimé] : how they (and you) caused the Great Recession, and how we can prevent it from happening again / Atif Mian and Amir Sufi
Publication : Chicago (Ill.) ; London (GB) : the University of Chicago Press, cop. 2014
Description matérielle : 1 vol. (219 pages) : illustrations ; 24 cm
Comprend : A scandal in Bohemia ; Busted ; Debt and destruction ; Cutting back ; Levered
losses: the theory ; Explaining unemployment ; Boil and bubble ; The credit expansion
; Conduit to disaster ; Debt and bubbles ; Stopping the cycle ; Save the banks,
save the economy ? ; Forgiveness ; Monetary and fiscal policy ; Sharing.
Note(s) : Includes bibliographical references (pages 191-207) and index
Though the banking crisis captured the public's attention, Mian and Sufi argue strongly
that current policy is too heavily biased toward protecting banks and creditors. Increasing
the flow of credit is disastrously counterproductive when the fundamental problem
is too much debt. Excessive household debt leads to foreclosures, causing individuals
to spend less and save more. Less spending means less demand for goods, followed by
declines in production and huge job losses. How do we end such a cycle? With a direct
attack on debt
Sujet(s) : Crises financières -- États-Unis -- 1990-2020
Crédit à la consommation -- États-Unis -- 1990-2020
Crise économique (2008)
Identifiants, prix et caractéristiques : ISBN 9780226081946 (cloth) (alk. paper). - ISBN 022608194X (cloth) (alk. paper). -
ISBN 9780226138640 (erroné) (e-book)
Identifiant de la notice : ark:/12148/cb438456348
Notice n° :
FRBNF43845634
(notice reprise d'un réservoir extérieur)