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Boom bust house prices, banking and the depression of 2010

By: Language: English Publication details: London Shepheard-Walwyn 2005Description: xiv, 274p. 24cmISBN:
  • 0856831891
Subject(s): LOC classification:
  • 333.33 $2 18
Summary: Author predicts that with the emergence of a global economy there is a very real danger of a global recession, based on a global business cycle, which would be all the more severe because there would be fewer countervailing forces. Harrison argues that the seeds of the next bust are already well and truly sown, with 2010 being the fateful year for the next major crash. From his study of several industrial nations over the last two hundred years, Harrison has identified an 18-year property cycle which has recurred with remarkable regularity and similarity in different parts of the world under different political, economic and cultural conditions. He reveals the factors at work and how they are intimately linked with the banking system which both fuels the boom and triggers the bust. He offers a way out based on the insights of Adam Smith, David Ricardo and other classical economists.
Holdings
Item type Current library Call number Copy number Status Barcode
Book London Books 333.33 HAR (Browse shelf(Opens below)) 1 Available 30074531

Author predicts that with the emergence of a global economy there is a very real danger of a global recession, based on a global business cycle, which would be all the more severe because there would be fewer countervailing forces. Harrison argues that the seeds of the next bust are already well and truly sown, with 2010 being the fateful year for the next major crash. From his study of several industrial nations over the last two hundred years, Harrison has identified an 18-year property cycle which has recurred with remarkable regularity and similarity in different parts of the world under different political, economic and cultural conditions. He reveals the factors at work and how they are intimately linked with the banking system which both fuels the boom and triggers the bust. He offers a way out based on the insights of Adam Smith, David Ricardo and other classical economists.