The Housing Boom and Bust

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Item Description...
Overview
There was no single, dramatic event that set the current financial crisis off. A whole series of very questionable decisions by many people, in many places, over a period of years, built up the pressures that led to a sudden collapse of the housing market and of financial institutions that began to fall like dominoes as a result of investing in securitites based on housing prices. This book is designed to unravel the tangled threads of that story. It also attempts to determine whether what is being done to deal with the problem is more likely to make things better or worse.

Item Specifications...

Pages   1
Binding  CD-ROM
Release Date   Apr 1, 2009
Publisher   Blackstone Audiobooks, Inc.
ISBN  1433294087  
EAN  9781433294082  


Availability  0 units.


More About Thomas Sowell
Thomas  Sowell Thomas Sowell was born in North Carolina and grew up in Harlem. As with many others in his neighborhood, Thomas Sowell left home early and did not finish high school. The next few years were difficult ones, but eventually he joined the Marine Corps and became a photographer in the Korean War. After leaving the service, Thomas Sowell entered Harvard University, worked a part-time job as a photographer and studied the science that would become his passion and profession: economics. Thomas Sowell graduated from Harvard University, received his Master's in Economics from Columbia University and his Doctorate in Economics from the University of Chicago. In the early '60s, Sowell held jobs as an economist with the Department of Labor and AT&T. But his real interest was in teaching. Sowell began the first of many professorships at Cornell University, and his other teaching assignments include Rutgers University, Amherst College, Brandeis University and the UCLA, where he taught in the early '70s and '80s. Thomas Sowell has a large volume of writing including a dozen books, and numerous articles and essays; covering a wide range of topics, from classic economic theory to civil rights and judicial activism, even choosing the right college. Much of his ground-breaking writing will outlive the great majority of scholarship done today! Though Thomas Sowell had been a regular contributor to newspapers in the late '70s and early '80s, he did not begin his career as a newspaper columnist until 1984. In 1990, he won the prestigious Francis Boyer Award, presented by The American Enterprise Institute.
"George F. Will's writing," says Sowell, "...proved to him that someone could say something of substance in so short a space (750 words). And besides, writing for the general public enables him to address the heart of issues without the smoke and mirrors that so often accompany academic writing."
Sowell's very timely book,The Housing Boom and Bust: Revised Edition attempts to determine whether what is being done to deal with America's 2009-2010 housing boom and bust problem is more likely to make things better or worse. His examination of racism and Liberalism in Black Rednecks and White Liberals is a classic from a daring perspective rarely heard in the Black Community. Nowhere else will you read about the co-dependent relationship between "..black rednecks.. and white liberals.." Currently Thomas Sowell is a senior fellow at the Hoover Institute in Stanford, Calif.

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