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Also by Dean Baker:

The End Of Loser Liberalism, September 2011
Paperback / e-Book
Taking Economics Seriously, May 2010
Hardcover
False Profits, January 2010
Trade Size
Plunder and Blunder, January 2009
Hardcover
Social Security: The Phony Crisis, September 2001
Trade Size

Plunder and Blunder
Dean Baker

The Rise and Fall of the Bubble Economy

Polipoint Press
January 2009
On Sale: January 1, 2009
248 pages
ISBN: 0981576990
EAN: 9780981576992
Hardcover
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Non-Fiction

For the second time this decade, the US economy is sinking into a recession due to the collapse of a financial bubble. The most recent calamity is likely to produce a downturn deeper and longer than the stock market crash of 2001. Dean Baker argues not only that competent economists should have recognized the developing housing bubble, but also that policy makers and the media cheerfully neglected those economists who did predict danger. Baker doesnt engage in 20-20 hindsight, but documents the fundamental policy changes since 1980 that destabilized the economy and eroded the broad prosperity of the post-war period. His expert analysis explains the outcomes clearly so we can prevent similar financial disasters in the future.

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