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An historic turning point

In: The Age of Austerity

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Abstract

The book begins with a detailed breakdown of the financial crisis and the government response in the United States, with particular focus on the Dodd-Frank Wall Street Reform and Consumer Protection Act. The author then puts forth a basic three-part plan calling for (1) fundamental tax and entitlement reform; (2) massive economic stimulus in the form of public and private investment to modernize the country’s aging infrastructures; and (3) mortgage relief to revitalize the nation’s housing markets. The book concludes with specific policy proposals designed to achieve these goals and return the US economy to a state of full employment and robust economic growth.

Suggested Citation

  • ., 2012. "An historic turning point," Chapters, in: The Age of Austerity, chapter 1, pages 1-20, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:15055_1
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    File URL: https://www.elgaronline.com/view/9781781951446.00006.xml
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    Cited by:

    1. Ordónez, Roberto Vinicio Posso, 2016. "Historia de la creación de la banca central latinoamericana -El pretérito es la base de un presente prominente-," Revista Tendencias, Universidad de Narino, vol. 17(2), pages 166-187, July.
    2. Alex Faria & Marcus Hemais, 2021. "Transmodernizing Management Historiographies of Consumerism for the Majority," Journal of Business Ethics, Springer, vol. 173(3), pages 447-465, October.
    3. Janusz Rybiński, 2021. "Wynalazki wykorzystywane w zarządzaniu przedsiębiorstwem w XIX i XX wieku," Nowoczesne Systemy Zarządzania. Modern Management Systems, Military University of Technology, Faculty of Security, Logistics and Management, Institute of Organization and Management, issue 3, pages 31-44.
    4. Reimer, J.K. (Kila) & Walter, Pierre, 2013. "How do you know it when you see it? Community-based ecotourism in the Cardamom Mountains of southwestern Cambodia," Tourism Management, Elsevier, vol. 34(C), pages 122-132.
    5. Arlette S. Saint Ville & Gordon M. Hickey & Uli Locher & Leroy E. Phillip, 2016. "Exploring the role of social capital in influencing knowledge flows and innovation in smallholder farming communities in the Caribbean," Food Security: The Science, Sociology and Economics of Food Production and Access to Food, Springer;The International Society for Plant Pathology, vol. 8(3), pages 535-549, June.
    6. Christian Dippel & Avner Greif & Daniel Trefler, 2020. "Outside Options, Coercion, and Wages: Removing the Sugar Coating," The Economic Journal, Royal Economic Society, vol. 130(630), pages 1678-1714.
    7. María del Pilar García Pachón, 2017. "Derecho de Aguas Tomo VII," Books, Universidad Externado de Colombia, Facultad de Derecho, number 981, April.
    8. Hernández-Moro, J. & Martínez-Duart, J.M., 2013. "Analytical model for solar PV and CSP electricity costs: Present LCOE values and their future evolution," Renewable and Sustainable Energy Reviews, Elsevier, vol. 20(C), pages 119-132.

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