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Toward A Progressive Macroeconomic Explanation, Howard J. Sherman
Toward A Progressive Macroeconomic Explanation, Howard J. Sherman
HOWARD J SHERMAN
No abstract provided.
The Roller Coaster Economy: Financial Crisis, Great Recession, And The Public Option, Howard J. Sherman
The Roller Coaster Economy: Financial Crisis, Great Recession, And The Public Option, Howard J. Sherman
HOWARD J SHERMAN
This is an explanation of how and why the economic downturn of 2007 became the Great Recession of 2008 and 2009. Author Howard Sherman explores the root causes of the cycle of boom and bust of the economy, focusing on the 2008 financial crisis and the Great Recession of 2007-2009. He makes an argument that recessions and the resulting painful involuntary unemployment are inherent in capitalism itself. Sherman clearly illustrates the mechanisms of business cycles, and he provides a thoughtful alternative that would rein in their destructive effects.