Crises & Consequences Chapter (Electronic book text)

With the collapse of Lehman Brothers as a starting point, Paul Krugman and Robin Wells use the story of the recent global economic downturn as a springboard for examining the overall phenomena of financial crises--why they occur, the role banks play, how the public and private sector responds, and their impact on our lives. In vivid, accessible language, Krugman and Wells help students understand how the recent financial crisis happened and the historic context in which it occurred. How to Order "Crises and Consequences

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