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The Midas Paradox. A New Look at the Great Depression and Economic Instability.
Scott B. Sumner
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Description for The Midas Paradox. A New Look at the Great Depression and Economic Instability.
Num Pages: 560 pages, illustrations. BIC Classification: KCZ. Category: (G) General (US: Trade). Dimension: 229 x 152 x 43. Weight in Grams: 930.
Economic historians have made great progress in unraveling the causes of the Great Depression, but not until Scott Sumner came along has anyone explained the multitude of twists and turns the economy took. In The Midas Paradox: Financial Markets, Government Policy Shocks, and the Great Depression, Sumner offers his magnum opus—the first book to comprehensively explain both monetary and non-monetary causes of that cataclysm. Drawing on financial market data and contemporaneous news stories, Sumner shows that the Great Depression is ultimately a story of incredibly bad policymaking—by central bankers, legislators, and two presidents—especially mistakes related to monetary policy and ... Read more
Economic historians have made great progress in unraveling the causes of the Great Depression, but not until Scott Sumner came along has anyone explained the multitude of twists and turns the economy took. In The Midas Paradox: Financial Markets, Government Policy Shocks, and the Great Depression, Sumner offers his magnum opus—the first book to comprehensively explain both monetary and non-monetary causes of that cataclysm. Drawing on financial market data and contemporaneous news stories, Sumner shows that the Great Depression is ultimately a story of incredibly bad policymaking—by central bankers, legislators, and two presidents—especially mistakes related to monetary policy and ... Read more
Product Details
Publication date
2015
Publisher
Independent Institute,U.S. United States
Number of pages
560
Condition
New
Number of Pages
560
Format
Hardback
Place of Publication
Oakland, United States
ISBN
9781598131505
SKU
V9781598131505
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-50
About Scott B. Sumner
Scott B. Sumner is Professor of Economics at Bentley University, USA. He received his Ph.D. in economics from the University of Chicago and he edits the influential blog ""The Money Illusion."" In 2012, the Chronicle of Higher Education referred to Sumner as ""among the most influential"" economist bloggers, along with N. Gregory Mankiw of Harvard University and Paul Krugman of ... Read more
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