It's Not as Bad as You Think

Why Capitalism Trumps Fear and the Economy Will Thrive

Gebonden Engels 9780470238332
Verwachte levertijd ongeveer 8 werkdagen

Samenvatting

In 'It's Not as Bad as You Think' laat Brian Wesbury zien dat de economie - al is hij moeilijk voorspelbaar - op de wat langere termijn altijd op zijn pootjes terechtkomt. Wesbury is, volgens kranten als The New York Times, een van de meest gerespecteerde voorspellers van dit moment. Zijn boek is goed te volgen en ontkracht een aantal van de doemscenario's die tegenwoordig in de mode zijn.

Specificaties

ISBN13:9780470238332
Taal:Engels
Bindwijze:gebonden
Aantal pagina's:210
Druk:0
Hoofdrubriek:Economie

Lezersrecensies

Wees de eerste die een lezersrecensie schrijft!

Inhoudsopgave

Foreword.
Introduction.

Chapter One Getting the Right Perspective.
Fear and Anger are Understandable.
History versus Emotion.
Buck Up and Remember History.

Chapter Two Capitalism Wins (Again).
Demand vs. Supply.
The History of the World.
Inventions and Innovation.
Entrepreneurship.
The Turning Point.
Capitalism Wins, It's Not Over.

Chapter Three Creative Destruction.
The Big “X”.
The Industrial Revolution.
The Call for Change.
A Wrong Drift, but a Cool Wind.
Inflation, Creative Destruction, and the Crisis.

Chapter Four A Government Sponsored Recession.
The Housing Boom.
The Crisis Begins.
The Acceleration.
Why in the World Were They Doing That?
So, Why Blame Capitalists?

Chapter Five Who Makes Your Glasses?
Are Consumers Rational?
What Is The Natural Rate of Interest?
Calculating the Natural Rate.
The Nominal-GDP Rule.
Money and the Interest Rates.
The Fed-Induced Bubble.
We've Been Here Before.
Stupid Bankers, Or Not?
It Always Ends Bad: Volcker to the Rescue.
Then….
….And Now.

Chapter Six Mark-to-Market Mayhem.
Government Failure vs. Market Failure.
Some Mark-to-Market Accounting History.
Mark-to-Market Creates Volatility.
Suspend Mark-to-Market.
A False Feeling of Control.
A Miracle Happened.

Chapter Seven Panic and the Speed of Money.
What Recession?
The Panic of 2008.
Mark-to-Market Mayhem.
AIG, Credit Default Swaps and Derivatives.
The V-Shaped Light at the End of the Tunnel.

Chapter Eight It's Not As Bad As You Think.
Consumer Spending.
Debt.
Growth, Debt and China.
Deleveraging.
Unemployment.
Savings Rates.
The Economy Will Recover.

Chapter Nine It's Boom Time Again.
Don't Fight the Fed.
1975-76 Redux?
Can It Happen Again?
Panics End.
It's Won't Stay Down Forever.
Undervalued Markets.
Productivity and Profits.
But Government Is Growing…

Chapter Ten Investing In the Midst of Mayhem.
The Super Easy Fed.
Buy U.S. Stocks for the Short- to Medium-Term.
Stocks for the Long-Term: Small Cap, Value and Momentum.
Inflation Plays for the Medium and Longer Term.
Foreign Equities.
Fixed Income.
Emotion and Investing.

Chapter Eleven The New Normal.
Big Government Hurts.
Keynes and Government.
How Bad Can It Get?
Roosevelt, Carter or Clinton.
The Future Still Looks Bright.
Notes.
Acknowledgments.
About the Author.
Index.

Managementboek Top 100

Rubrieken

Populaire producten

    Personen

      Trefwoorden

        It's Not as Bad as You Think