The Recession Prevention Handbook: Eleven Case Studies, 1948-2007 [Hardcover]

The United States has endured eleven recessions since the end of World War II, including the recession of 2007-2009. This book focuses on the performance of the economy and the actions taken during the expansion period before the onset of each recession. It's goal is to help prevent or at least lessen the severity of possible future recessions. Well-known economics writer Arthur Frumkin analyzes each of the eleven contemporary recessions to determine: What weaknesses appeared in the economy during the twelve months preceding the onset of the recession? What were economic forecasters predicting? What economics policy actions were taken by the Federal Reserve, the president, and Congress? Incorporating extensive real-time data, Frumkin points to persistent failures over the past sixty years by the Federal Reserve and the president to forecast or to acknowledge the possibility of future recessions. Based on these findings, he concludes with a range of policy recommendations for avoiding or ameliorating future recessions.The United States has endured recessions since the end of World War II, including the recession of 2007-2009. This book focuses on the performance of the economy and the actions taken during the expansion period before the onset of each recession.List of Figures, List of Tables, Preface, 1. Characteristics of Recessions, 2. The Recession of 194849, 3. The Recession of 195354, 4. The Recession of 195758, 5. The Recession of 196061, 6. The Recession of 196970, 7. The Recession of 197375, 8. The Recession of 1980, 9. The Recession of 198182, 10. The Recession of 199091, 11. The Recession of 2001, 12. The Recession of 20079, 13. Findings and Recommendations, Bibliography, Index, About the AuthorUSCopyright ? 2010 Taylor & Francis.