The Housing Boom and Bust

Front Cover, Limited, Jan 1, 2011 - 368 pages
21 Reviews
Scary headlines and scarier statistics tell the story of a financial crisis on a scale not seen in decades - certainly not within the lifetime of most Americans. Moreover, this is a worldwide financial crisis. Financial institutions on both sides of the Atlantic have either collapsed or have been saved from collapse by government bailouts, as a result of buying securities based on American housing values that eroded or evaporated.Now completely revised in paperback, The Housing Boom and Bust 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.

What people are saying - Write a review

User ratings

5 stars
4 stars
3 stars
2 stars
1 star

Review: The Housing Boom and Bust

User Review  - Nathan Glenn - Goodreads

This book explains the housing boom and 2008 bust simply enough for any to understand, using solid data. He says that the responsibility and irresponsibility were shared around the table, between both ... Read full review

Review: The Housing Boom and Bust

User Review  - David - Goodreads

Got it 2/3 right. Lays blame at government & borrowers but somehow glosses over the culpability of bankers/AIG that should have known what they were buying/insuring. Still, if the tbanker weren't in ... Read full review

About the author (2011)

Thomas Sowell l has taught economics at Cornell, UCLA, Amherst, and other academic institutions. He is currently a scholar in residence at the Hoover Institution, Stanford University. He has published in academic journals and in such popular media as the Wall Street Journal, Forbes, and Fortune, and he writes a syndicated column that appears in newspapers across the country.

Bibliographic information