SKU: 4343427190

Lost Decades: The Making of America's Debt Crisis and the Long Recovery

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Lost Decades: The Making of America's Debt Crisis and the Long RecoveryThe U. S. economy lost the first decade of the twenty first century to an ill conceived boom and subsequent bust. It is in danger of losing another decade to the stagnation of an incomplete recovery. How did this happen? Read this lucid explanation of the origins and long term effects of the recent financial crisis, drawn in historical and comparative perspective by two leading political economists. By 2008 the United States had become the biggest

The U.S. economy lost the first decade of the twenty-first century to an ill-conceived boom and subsequent bust. It is in danger of losing another decade to the stagnation of an incomplete recovery. How did this happen? Read this lucid explanation of the origins and long-term effects of the recent financial crisis, drawn in historical and comparative perspective by two leading political economists.

By 2008 the United States had become the biggest international borrower in world history, with more than two-thirds of its $6 trillion federal debt in foreign hands. The proportion of foreign loans to the size of the economy put the United States in league with Mexico, Indonesia, and other third-world debtor nations. The massive inflow of foreign funds financed the booms in housing prices and consumer spending that fueled the economy until the collapse of late 2008. This was the most serious international economic crisis since the Great Depression of the 1930s.

Menzie Chinn and Jeffry Frieden explain the political and economic roots of this crisis as well as its long-term effects. They explore the political strategies behind the Bush administration's policy of funding massive deficits with foreign borrowing. They show that the crisis was foreseen by many and was avoidable through appropriate policy measures. They examine the continuing impact of our huge debt on the continuing slow recovery from the recession. Lost Decades will long be regarded as the standard account of the crisis and its aftermath.



Binding Type: Paperback
Publisher: W. W. Norton & Company
Published: 10/01/2012
ISBN: 9780393344103
Pages: 284
Weight: 0.55lbs
Size: 8.10h x 5.40w x 0.80d
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SKU: 4343427190

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Isaiah M. Espinoza
Massapequa, US
★★★★★ 4
Worth It
Format: Kindle
This devotional takes pieces of the book, The Meaning of Marriage and then delves deeper into the text. It follows with a short discussion and a thought for prayer. Worth the buy so you and your spouse can read together and discuss.
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Reviewed in the United States on December 31, 2024
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Gail A.
Lexington, US
★★★★★ 5
FANTASIC
Format: Hardcover
TIM KELLER AND HIS WIFE CO WROTE THIS BOOK AND I REALLY LOVED IT. MAINSTREAM COUPLES MAY NOT BUT I AM CHRISTIAN AND WANTED TO BRING THE BEST TO OUR MARRIAGE AND TIM KELLER IS A SUPER GREAT WRITER AND SO IS KATHY KELLER. GREAT BOOK FOR ANY MARRIAGE. SUGGESTED THIS BOOK TO A SINGLE PERSON WE KNOW WHO IS ALSO CHRISTIAN.
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Reviewed in the United States on March 27, 2026
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Mackenzie Bailey
Charlottesville, US
★★★★★ 5
Incredible Devotional
Format: Hardcover
I read Reason for Marriage and it was one of my all time favorite books! Tim Keller was a brilliant author. My husband does not read at all, but I wanted him to experience the value of this book. The devotional has been short enough for him to stay focused and thought provoking enough for him to contribute to the conversation. Really insightful and thoughtful topics. I love that they don’t just breeze through all different topics but dive really deep into each one and spend multiple days digging deeper and deeper. Highly recommend!
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Reviewed in the United States on March 4, 2024
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E A Petersen
New York, US
★★★★★ 5
Best Gift
Format: Hardcover
Such a great gift for newly weds or anniversaries!
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Reviewed in the United States on February 14, 2026
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Shaundra
Massapequa, US
★★★★★ 5
I'm glad I chose these women vitamins!!!
I chose these women's vitamins because I don't like swallowing pills much at all and they are easy to swallow,plus they are a great vitamin supplement. Consistency is the key and it's a big bottle which is great for the price. I love these vitamins and I feel the difference in my body. These aren't just vitamins that get urinated out,they are absorbed. Be sure to follow directions for use on the bottle for best results.
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Reviewed in the United States on February 22, 2026

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