After the Music Stopped
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After the Music Stopped
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Summary
Shows us how the US financial system, which had grown far too complex for its own good - and too unregulated for the public good - experienced a storm beginning in 2007. This book explains how American and international government intervention kept us from a total meltdown.
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After the Music Stopped by Alan S Blinder
With bracing clarity, Blinder shows us how the U.S. financial system, which had grown far too complex for its own good-and too unregulated for the public good-experienced a perfect storm beginning in 2007. When America's financial structure crumbled, the damage proved to be not only deep, but wide. It took the crisis for the world to discover, to its horror, just how truly interconnected-and fragile-the global financial system is. The second part of the story explains how American and international government intervention kept us from a total meltdown. Many of the U.S. government's actions, particularly the Fed's, were previously unimaginable. And to an amazing-and certainly misunderstood-extent, they worked. The worst did not happen. Blinder offers clear-eyed answers to the questions still before us, even if some of the choices ahead are as divisive as they are unavoidable. After the Music Stopped is an essential history that we cannot afford to forget, because one thing history teaches is that it will happen here again.
ALAN S. BLINDER is Gordon S. Rentschler Memorial Professor of Economics at Princeton University, where he has taught since 1971. He also founded and directs Princeton's Center for Economic Policy Studies. He has served as vice chairman of the Board of Governors of the Federal Reserve System and as a member of the president's Council of Economic Advisers. ELIE R. D. CANETTI is an economist for the International Monetary Fund. He previously worked at the World Bank and the United States Treasury. DAVID E. LEBOW is an economist at the Board of Governors of the Federal Reserve System. JEREMY B. RUDD is senior economist at the Council of Economic Advisers, Washington, D.C.
| SKU | Unavailable |
| ISBN 13 | 9781594205309 |
| ISBN 10 | 1594205302 |
| Title | After the Music Stopped |
| Author | Alan S Blinder |
| Condition | Unavailable |
| Binding Type | Hardback |
| Publisher | Penguin Putnam Inc |
| Year published | 2013-01-24 |
| Number of pages | 496 |
| Cover note | Book picture is for illustrative purposes only, actual binding, cover or edition may vary. |
| Note | Unavailable |