TY  - BOOK
AU  - Eichengreen,Barry J.
TI  - Hall of Mirrors
SN  - 9780199392018
AV  - HB3717 .H355 2014
PY  - 2014///
CY  - Oxford
PB  - Oxford University Press
KW  - Economic policy
KW  - History
KW  - 20th century
KW  - 21st century
KW  - Global Financial Crisis, 2008-2009
KW  - Global financial crisis, 2008-2009
KW  - Electronic Books
N1  - Description based upon print version of record; 2; Hall of Mirrors; Copyright; Contents; Introduction; Part I The Best of Times; 1 New Age Economics; 2 Golden Globe; 3 Competing on a Violent Scale; 4 By Legislation or Fiat; 5 Where Credit Is Due; 6 Castles in Spain; Part II The Worst of Times; 7 Spent Bullets; 8 The Next Leg Down; 9 On Europe's Shores; 10 Will America Topple Too?; 11 Largely Contained; 12 Scant Evidence; 13 The Spiral; 14 Fish or Foul; Part III Toward Better Times; 15 Revival or Reform; 16 Something for Everyone; 17 Takahashi's Revenge; 18 Dip Again; 19 Preventing the Worst; 20 Stressed and Stimulated; 21 Unconventional PolicyPart IV Avoiding the Next Time; 22 Wall Street and Main Street; 23 Normalization in an Abnormal Economy; 24 Making Things as Difficult as Possible; 25 Men in Black; 26 Euro or Not; Conclusion; Dramatis Personae; Acknowledgments; Notes; References; Index; 2; b
N2  - The two great financial crises of the past century are the Great Depression of the 1930s and the Great Recession, which began in 2008. Both occurred against the backdrop of sharp credit booms, dubious banking practices, and a fragile and unstable global financial system. When markets went into cardiac arrest in 2008, policymakers invoked the lessons of the Great Depression in attempting to avert the worst. While their response prevented a financial collapse and catastrophic depression like that of the 1930s, unemployment in the U.S. and Europe still rose to excruciating high levels. Pain and s
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