Boom and Bust: Financial Cycles and Human Prosperity

Boom and Bust: Financial Cycles and Human Prosperity

In Understanding Financial Crises, Alex J. Pollock explains that while economic downturns can be frightening and difficult, people living in free markets economies today enjoy greater health and longevity, have better access to basic necessities, are better educated, work less arduous jobs, and have more choices and wider horizons than human beings at any other point in history. This wonderful reality would not exist in the absence of financial cycles. This book explains why.

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Book Details  


Publisher: AEI Press (November 16, 2010)

Collection: Values and Capitalism

Parent ISBN: 9780844743837

Page count: 106 pages

Language: English


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