Boom and Bust Financial Cycles and Human Prosperity |
|
| Author:
| Pollock, Alex J. |
| Series title: | Values and Capitalism Ser. |
| ISBN: | 978-0-8447-4383-7 |
| Publication Date: | Dec 2010 |
| Publisher: | American Enterprise Institute for Public Policy Research
|
| Imprint: | A E I Press |
| Book Format: | Paperback |
| List Price: | USD $9.95 |
Book Description:
|
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,...
More DescriptionThe 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.