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Product Specifications
Book Summary
In "The Credit Crunch," Graham Turner predicted that banks would be nationalised
and interest rates would be reduced too slowly to halt the crisis. His
predictions were correct. His new book, "No Way to Run an Economy," is the
essential guide to the turbulent times ahead. Turner recommended radical
measures, such as quantitative easing, in early 2008 but argues that action has
been taken too late and been too timid to make a real difference. He dissects
the policy mistakes of the last 12 months including Obama's doomed market-led
response to the crisis and the obsession of central banks with the red herring
of inflation. Turner also
ISBN-13
9780745329765
Language
English
Binding
Paper Back
Publisher
Pluto Press
Publishing Date
2009-11-07
Total Pages
240
No Way To Run An Economy: Why The System Failed And How To Put It Right
In "The Credit Crunch," Graham Turner predicted that banks would be nationalised
and interest rates would be reduced too slowly to halt the crisis. His
predictions were correct. His new book, "No Way to Run an Economy," is the
essential guide to the turbulent times ahead. Turner recommended radical
measures, such as quantitative easing, in early 2008 but argues that action has
been taken too late and been too timid to make a real difference. He dissects
the policy mistakes of the last 12 months including Obama's doomed market-led
response to the crisis and the obsession of central banks with the red herring
of inflation. Turner also