Description: Boom and Bust : Financial Cycles and Human Prosperity, Paperback by Pollock, Alex J., ISBN 0844743836, ISBN-13 9780844743837, Brand New, Free shipping in the US The cyclical nature of market economies is as old as the markets themselves. In a free market system, financial downturns inevitably accompany economic prosperity. So, while it is helpful to understand what causes these downturns, the more important questions to consider are "What makes the `boom and bust' cycle so predictable?" and "What are the ethical responsibilities of the citizens of a free market economy?" In Boom & Bust: Financial Cycles and Human Prosperity, Alex J. Pollock argues that while economic downturns can be frightening and difficult, people living in free market economies enjoy greater health, better access to basic necessities, better education, and have more choices and wider horizons than people at any other point in history. This reality would not exist in the absence of financial cycles. This book explains why.
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Book Title: Boom and Bust : Financial Cycles and Human Prosperity
Item Length: 6.8in
Item Height: 0.3in
Item Width: 4.6in
Author: Alex J. Pollock
Format: Trade Paperback
Language: English
Topic: Economic History, Finance / General, Economic Conditions, Economics / General, Public Policy / Economic Policy, Free Enterprise
Publisher: American Enterprise Institute for Public Policy Research
Publication Year: 2010
Genre: Business & Economics, Political Science
Item Weight: 3.7 Oz
Number of Pages: 116 Pages
