Download the fantastic book titled The Great Inflation and Its Aftermath written by Robert J. Samuelson, available in its entirety in both PDF and EPUB formats for online reading. This page includes a concise summary, a preview of the book cover, and detailed information about "The Great Inflation and Its Aftermath", which was released on 26 January 2010. We suggest perusing the summary before initiating your download. This book is a top selection for enthusiasts of the Business & Economics genre.
Summary of The Great Inflation and Its Aftermath by Robert J. Samuelson PDF
The Great Inflation in the 1960s and 1970s, notes award-winning columnist Robert J. Samuelson, played a crucial role in transforming American politics, economy, and everyday life. The direct consequences included stagnation in living standards, a growing belief—both in America and abroad—that the great-power status of the United States was ending, and Ronald Reagan’s election to the presidency in 1980. But that is only half the story. The end of high inflation led to two decades of almost uninterrupted economic growth, rising stock prices and ever-increasing home values. Paradoxically, this prolonged prosperity triggered the economic and financial collapse of 2008 and 2009 by making Americans—from bank executives to ordinary homeowners—overconfident, complacent, and careless. The Great Inflation and its Aftermath, Samuelson contends, demonstrated that we have not yet escaped the boom-and-bust cycles common in the nineteenth and early twentieth centuries. This is a sobering tale essential for anyone who wants to understand today’s world.
Detail About The Great Inflation and Its Aftermath PDF
- Author : Robert J. Samuelson
- Publisher : Random House Trade Paperbacks
- Genre : Business & Economics
- Total Pages : 353 pages
- ISBN : 0812980042
- Release Date : 26 January 2010
- PDF File Size : 36,5 Mb
- Language : English
- Rating : 4/5 from 21 reviews
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