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The Housing Boom and Bust by Thomas Sowell: Used

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Last updated on Aug 24, 2025 18:18:36 EDTView all revisionsView all revisions

Item specifics

Condition
Good: A book that has been read but is in good condition. Very minimal damage to the cover including ...
Publication Date
2009-05-01
Pages
184
ISBN
9780465018802

About this product

Product Identifiers

Publisher
Basic Books
ISBN-10
0465018807
ISBN-13
9780465018802
eBay Product ID (ePID)
71949953

Product Key Features

Book Title
Housing Boom and Bust
Number of Pages
208 Pages
Language
English
Publication Year
2009
Topic
Economic History, Real Estate / General, Real Estate / Mortgages, Public Policy / City Planning & Urban Development
Genre
Political Science, Business & Economics
Author
Thomas Sowell
Format
Hardcover

Dimensions

Item Height
0.8 in
Item Weight
13.4 Oz
Item Length
1 in
Item Width
6.2 in

Additional Product Features

Intended Audience
Trade
LCCN
2009-925585
Reviews
American Spectator "An economic primer on the housing bubble, but more importantly, it is an examination of the ruling class's inability to leave well enough alone." Newsweek.com "Sowell's account qualifies the standard story that greedy investment bankers and mortgage brokers caused the whole crisis." The Washington Times "For anyone looking for a straightforward and honest discussion of the origins of our current crisis, informed by a deep understanding of both economics and politics, The Housing Boom and Bust is required reading.", American Spectator "An economic primer on the housing bubble, but more importantly, it is an examination of the ruling class's inability to leave well enough alone." Newsweek.com "Sowell's account qualifies the standard story that greedy investment bankers and mortgage brokers caused the whole crisis."The Washington Times "For anyone looking for a straightforward and honest discussion of the origins of our current crisis, informed by a deep understanding of both economics and politics,The Housing Boom and Bustis required reading.", American Spectator "An economic primer on the housing bubble, but more importantly, it is an examination of the ruling class's inability to leave well enough alone." Newsweek.com "Sowell's account qualifies the standard story that greedy investment bankers and mortgage brokers caused the whole crisis."
Dewey Edition
22
TitleLeading
The
Dewey Decimal
330
Synopsis
Scary headlines and scarier statistics tell the story of a financial crisis on a scale not seen in decades--certainly not within the lifetime of most Americans. Moreover, this is a worldwide financial crisis. Financial institutions on both sides of the Atlantic have either collapsed or have been saved from collapse by government bailouts, as a result of buying securities based on American housing values that eroded or evaporated. Now completely revised in paperback, The Housing Boom and Bust is designed to unravel the tangled threads of that story. It also attempts to determine whether what is being done to deal with the problem is more likely to make things better or worse., The financial tsunami has been followed by a political flood of rhetoric, accompanied by finger-pointing in all directions. Who was really responsible? What set this off?, This is a plain-English explanation of how we got into the current economic disaster that developed out of the economics and politics of the housing boom and bust. The "creative" financing of home mortgages and the even more "creative" marketing of financial securities based on American mortgages to countries around the world, are part of the story of how a financial house of cards was built up--and then suddenly collapsed. The politics behind all this is another story full of strange twists. No punches are pulled when discussing politicians of either party, the financial dangers they created, or the distractions they created later to escape their own responsibility for what happened when the financial house of cards in the financial markets collapsed. What to do, now that we are in the midst of an economic disaster, is yet another story--one whose ending we do not yet know, but one whose outlines and implications are explored to reveal some surprising and sobering lessons.

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  • Thomas Sowell

    Excellent book by a renowned author.

    Verified purchase: YesCondition: Pre-OwnedSold by: second.sale

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    Verified purchase: YesCondition: Pre-OwnedSold by: second.sale