Unintended Consequences by Edward Conard audiobook

Unintended Consequences: Why Everything You’ve Been Told about the Economy Is Wrong

By Edward Conard
Read by Malcolm Hillgartner

Blackstone Publishing 9781591845508
9.93 Hours Unabridged
Format: Digital Download (In Stock)
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In the aftermath of the financial crisis, many commonly held beliefs have emerged to explain its cause. Conventional wisdom blames Wall Street and the mortgage industry for using low down payments, teaser rates, and other predatory tactics to seduce unsuspecting home owners into assuming mortgages they couldn’t afford. It blames average Americans for borrowing recklessly and spending too much. And it blames the tax policies and deregulatory environment of the Reagan and Bush administrations for encouraging reckless risk taking by wealthy individuals and financial institutions. But according to Unintended Consequences, the conventional wisdom masks the real causes of our economic disruption and puts us at risk of a slew of unintended—and potentially dangerous—consequences.  Unintended Consequences is not a book that takes a couple of insights and expands them into three hundred pages; rather, it covers the entire scope of the economy. It’s a fascinating and contrarian case for how the economy really works, what went wrong over the past decade, and what steps we can take to start growing again. Whether you agree with the book’s provocative and counterintuitive conclusions or not, Unintended Consequences will reward you with a sophisticated understanding of the contemporary economy—one no other book has yet provided.

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Summary

Summary

A New York Times bestseller

In the aftermath of the financial crisis, many commonly held beliefs have emerged to explain its cause. Conventional wisdom blames Wall Street and the mortgage industry for using low down payments, teaser rates, and other predatory tactics to seduce unsuspecting home owners into assuming mortgages they couldn’t afford. It blames average Americans for borrowing recklessly and spending too much. And it blames the tax policies and deregulatory environment of the Reagan and Bush administrations for encouraging reckless risk taking by wealthy individuals and financial institutions. But according to Unintended Consequences, the conventional wisdom masks the real causes of our economic disruption and puts us at risk of a slew of unintended—and potentially dangerous—consequences. 

Unintended Consequences is not a book that takes a couple of insights and expands them into three hundred pages; rather, it covers the entire scope of the economy. It’s a fascinating and contrarian case for how the economy really works, what went wrong over the past decade, and what steps we can take to start growing again. Whether you agree with the book’s provocative and counterintuitive conclusions or not, Unintended Consequences will reward you with a sophisticated understanding of the contemporary economy—one no other book has yet provided.

Editorial Reviews

Editorial Reviews

“There are an amazing number of good ideas and interesting points made in this book.” Steven Levitt, coauthor of the New York Times bestseller Freakonomics
“Unintended Consequences will be the most talked-about economics book in 2012.” Kevin Hassett, senior fellow and director of economic policy, American Enterprise Institute
“Ed Conard’s book presents the most cogent and persuasive analysis of the financial crisis to date.” Andrei Shleifer, Bates Clark Medal winner, Harvard University
“Ed Conard provides a provocative interpretation of the causes of the global financial crisis and the policies needed to return to rapid growth. Whether you agree or not, this analysis is well worth reading.” Nouriel Roubini, chairman of Roubini Global Economics
“Ed Conard has written a provocative and important book about the economy that challenges conventional wisdom about the financial crisis, the trade deficit, government policy, and the path to prosperity.” William A. Sahlman, senior associate dean, Harvard Business School

Reviews

Reviews

Details

Details

Available Formats : Digital Download, Digital Rental, CD, MP3 CD
Category: Nonfiction/Business & Economics
Runtime: 9.93
Audience: Adult
Language: English