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1) Hall of mirrors: the Great Depression, the great recession, and the uses --and misuses-- of history
Author
Publisher
Oxford University Press
Pub. Date
[2015]
Language
English
Description
"There have been two global financial crises in the past century: the Great Depression of the 1930s and the Great Recession that began in 2008. Both featured loose credit, precarious real estate and stock market bubbles, suspicious banking practices, an inflexible monetary system, and global imbalances; both had devastating economic consequences. In both cases, people in the prosperous decade preceding the crash believed they were living in a post-volatility...
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