The Housing Boom and Bust

De: Thomas Sowell

Narrado por: Robertson Dean

Duración: 4 h y 41 m

Resumen del Editor

There was no single, dramatic event that set the current financial crisis off. A whole series of very questionable decisions by many people, in many places, over a period of years, built up the pressures that led to a sudden collapse of the housing market and of financial institutions that began to fall like dominoes as a result of investing in securities based on housing prices.

This book 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.

©2009 Thomas Sowell (P)2009 Blackstone Audio, Inc.

Reseñas de la Crítica

"Among economists of the past thirty years, [Sowell] stands very proud indeed." ( Wall Street Journal)

From Opinionated to Informed

Like his other books, Sowell lays out a very concise argument without delving overly deep into the data. That's not to say this book is not well supported, quite the opposite. The only change I would make is to have someone a bit more vibrant narrate. This is pretty heavy material.

Should be Required Reading for all

An easy to understand analysis of the dangers of government intervention over the years through over-reach under the guise of good intentions. Listen, anyone who reads or listens to this book will relate to the overwhelming facts and common sense analysis between the negative effects of government policy overreach vs success of allowing market forces and people manage their own financial lives. Dr. Sowell should be lauded for simply presenting what every politician should have learned from past policy mistakes before they enact more bad policies. This book definitely is very relevant to understanding how bad most of the covid stimulus spending is for our country. Only voters can change this behavior. Smaller government should be the goal for all, not more intrusion and control.

Sowell's books are my favorite economics

Sowell's books are my favorite economics literature. he explains things so clearly that even someone with little Econ background can get a lot from them

They should be staples of all University libraries

Inciteful Non partisan blame

I read other reviews of this book before buying. The ones who rated it poorly seemed never to have read the book in its entirety.
Mr Sowell is a gifted communicator. He backs up his view with facts and statistics. He implicates those who deserve blame regardless of political affiliation, or business affiliation. He calls it like he sees it and I concur with the evidenciary findings he brings to light.

Exactly what I suspected all along

Sowell laid it out plainly and simply with the inclusion of a broad set of facts and supporting data. Copious amounts of greed (corporate, individual and government personnel), ignorance, and arrogance were the cause of this crisis. No wonder Dr. Michael Savage calls Liberalism a mental disorder...

Sowell's take on housing debacle

Yet another look at the causes of the Great Recession of 2098 but this time from the mind of the eminent economist Thomas Sowell. Sowell points out how bad regulations and other interventions lead to the collapse.

Clear, short explanation of the subprime meltdown

Particularly good at demonstrating the hipocrosy of politicians who pilloried bankers for the crisis when their own policies and regulations contributed to it.

Phenomenal

While it is true that Sowell could and probably should have been more thorough in providing an account of the many causes behind the meltdown, he brings attention to an oft-ignored cause. The federal crusade for affordable housing is as much a culprit as corporate greed behind a worldwide depression.

History does, indeed, repeat itself.

Great book. Great insights into our world, if only more people would read it.

great read educational. must read easy to understa

great read educational. must read easy to understand. love the voice of the speaker.