Research Catalog

The subprime solution : how today's global financial crisis happened, and what to do about it

Title
The subprime solution : how today's global financial crisis happened, and what to do about it / Robert J. Shiller.
Author
Shiller, Robert J.
Publication
Princeton : Princeton University Press, [2008], ©2008.

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TextRequest in advance HG2040.15 .S45 2008Off-site

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Description
x, 196 pages : illustrations; 23 cm
Summary
"The subprime mortgage crisis has already wreaked havoc on the lives of millions of people and now it threatens to derail the U.S. economy and economies around the world. In this book, economist Robert Shiller reveals the origins of this crisis and puts forward bold measures to solve it. He calls for an aggressive response - a restructuring of the institutional foundations of the financial system that will not only allow people once again to buy and sell homes with confidence, but will create the conditions for greater prosperity in America and throughout the deeply interconnected world economy." "This book is essential reading for anyone who wants to understand how we got into the subprime mess - and how we can get out."--BOOK JACKET.
Subject
  • Subprime mortgage loans
  • Secondary mortgage market
  • Real estate investment
  • Financial crises
Bibliography (note)
  • Includes bibliographical references and index.
Contents
1. Introduction -- 2. Housing in history -- 3. Bubble trouble -- 4. The real estate myth -- 5. A bailout by any other name -- 6. The promise of financial democracy -- 7. Epilogue.
ISBN
  • 9780691139296 (hbk. : alk. paper)
  • 0691139296 (hbk. : alk. paper)
LCCN
  • 2008013734
  • 40015758951
OCLC
  • ocn216615144
  • 216615144
  • SCSB-9052083
Owning Institutions
Columbia University Libraries