- Category: Books » Business & Economics » Economic History
- Format: Hardcover Learn more about the Hardcover format using Tower WIKI.
- Number of Pages: 288
- ISBN: 0805089802
- WAPI (Tower ID): 113399836
- Release Date: September 15, 2009
- Average Customer Review: There are no customer reviews yet. Be the first to write a review!
- Tower.com Sales Rank: #115626 in Books (See Top 100 Books Bestsellers)
- #5576 in Business & Economics (See Top 100 Business & Economics Bestsellers)
- #42 in Economic History (See Top 100 Economic History Bestsellers)
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Product DescriptionRun a Quick Search on "Past Due" by Peter S. Goodman to Browse Related Products:Browse more products related to "Past Due"Browse more products related to "Peter S. Goodman"Review"Goodman [is] a fair-minded reporter and a clear writer....Drawing on his experience covering the technology industry as well as broader economic trends, Goodman performs a tremendous service by showing how the context of market manias changes but the essential content remains the same." Publisher's noteA New York Times national economics correspondent analyzes the current financial crisis while offering perspectives on how mainstream America may recover, sharing the example stories of a real estate entrepreneur and a prospective biotech employee. 40,000 first printing. AnnotationNew York Times economic writer Peter S. Goodman provides a lucid blow-by-blow account of how America plunged into its current recession by heedless overspending fueled by credit and two subsequent bubbles: the dot com bubble and the housing market bubble. Goodman intersperses his analysis with emblematic anecdotes of people whose lives were destroyed by the wanton boom times. How Main Street was hit by--and might recover from--the financial crisis, by The New York Times's national economics correspondent When the financial crisis struck in 2008, Main Street felt the blow just as hard as Wall Street. The "New York Times" national economics correspondent Peter S. Goodman takes us behind the headlines and exposes how the flow of capital from Asia and Silicon Valley to the suburbs of the housing bubble perverted America's economy. He follows a real estate entrepreneur who sees endless opportunity in the underdeveloped lots of Florida--until the mortgages for them collapse. And he watches as an Oakland, California-based deliveryman, unable to land a job in the biotech industry, slides into unemployment and a homeless shelter. As Goodman shows, for two decades Americans binged on imports and easy credit, a spending spree abetted by ever-increasing home values--and then the bill came due. Yet even in a new environment of thrift and pullback, Goodman argues that economic adaptation is possible, through new industries and new safety nets. His tour of new businesses in Michigan, Iowa, South Carolina, and elsewhere and his clear-eyed analysis point the way to the economic promises and risks America now faces. If You Enjoy "Past Due (Hardcover)", May We Also Recommend:Customer Reviews for "Past Due (Hardcover)" by Peter S. Goodman (Author)There are no customer reviews yet. Be the first to write a review! Economic History Bestsellers
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