The Recession Prevention Handbook: Eleven Case Studies, 1948-2007

Eleven Case Studies, 1948-2007

Business & Finance, Economics
Cover of the book The Recession Prevention Handbook: Eleven Case Studies, 1948-2007 by Norman Frumkin, Taylor and Francis
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Author: Norman Frumkin ISBN: 9781317454908
Publisher: Taylor and Francis Publication: May 20, 2015
Imprint: Routledge Language: English
Author: Norman Frumkin
ISBN: 9781317454908
Publisher: Taylor and Francis
Publication: May 20, 2015
Imprint: Routledge
Language: English

The United States has endured eleven recessions since the end of World War II, including the recession of 2007-2009. This book focuses on the performance of the economy and the actions taken during the expansion period before the onset of each recession. It's goal is to help prevent or at least lessen the severity of possible future recessions. Well-known economics writer Arthur Frumkin analyzes each of the eleven contemporary recessions to determine: What weaknesses appeared in the economy during the twelve months preceding the onset of the recession? What were economic forecasters predicting? What economics policy actions were taken by the Federal Reserve, the president, and Congress? Incorporating extensive real-time data, Frumkin points to persistent failures over the past sixty years by the Federal Reserve and the president to forecast or to acknowledge the possibility of future recessions. Based on these findings, he concludes with a range of policy recommendations for avoiding or ameliorating future recessions.

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The United States has endured eleven recessions since the end of World War II, including the recession of 2007-2009. This book focuses on the performance of the economy and the actions taken during the expansion period before the onset of each recession. It's goal is to help prevent or at least lessen the severity of possible future recessions. Well-known economics writer Arthur Frumkin analyzes each of the eleven contemporary recessions to determine: What weaknesses appeared in the economy during the twelve months preceding the onset of the recession? What were economic forecasters predicting? What economics policy actions were taken by the Federal Reserve, the president, and Congress? Incorporating extensive real-time data, Frumkin points to persistent failures over the past sixty years by the Federal Reserve and the president to forecast or to acknowledge the possibility of future recessions. Based on these findings, he concludes with a range of policy recommendations for avoiding or ameliorating future recessions.

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