"Rebound" takes the currently unthinkable view that the economy will bounce back faster and stronger from the current downturn than most economists expect. Noted "Labour" economist Stephen Rose amasses data on the economic performance of America over the last thirty years to debunk myths about declining middle class incomes, burger flipping jobs and global competition. He also describes the evolution of the financial crisis and mortgage lending implosion under the rubric of 'brilliant idiocy' to show how the investors, financial firms, and regulators all made devastating mistakes in pursuit of quick gains. The book argues forcefully that simple financial regulation and forthcoming investments in education, health care and energy will pay quick and healthy dividends. Using economic analysis rather than partisan argument, "Rebound" cuts through the clutter of political debate to show how the economy will return to high growth rates. Though sure to be controversial, this fully-documented and perfectly-timed contribution to the debate is sure to be well received.
- ISBN10 0312575424
- ISBN13 9780312575427
- Publish Date 13 April 2010
- Publish Status Out of Stock
- Out of Print 18 October 2011
- Publish Country US
- Imprint St Martin's Press
- Format Hardcover
- Pages 240
- Language English