New York, New York (222 East 46th Street, New York, NY 10017)
Name of Publisher, Distributor, etc.
Business Expert Press
Date of Publication, Distribution, etc.
2015
PHYSICAL DESCRIPTION
Specific Material Designation and Extent of Item
(1 PDF (viii, 61 pages)).
SERIES
Series Title
2014 digital library.; Economics collection.
GENERAL NOTES
Text of Note
Title from PDF title page (viewed on December 21, 2014).;Part of: 2014 digital library.;Includes index.
CONTENTS NOTE
Text of Note
Colonialism and economics --;The free market economy and its pitfalls --;Foundations of the U.S. economy --;Economic indicators --;"Too big to fail" banking and the Federal Reserve --;What the International Monetary Fund is and how it works --;Understanding fiscal and monetary policy --;Index.
SUMMARY OR ABSTRACT
Text of Note
This book attempts to explain what exactly "Economics" is and whether or not the theories it espouses actually work in the real world. It addresses how it is taught in colleges across the United States and the world, how it is deeply flawed and what the future holds for economies around the world, especially in the context of mega-banks that impact Main Street more now than they did in the past. This book will explore how derivatives have swarmed the balance sheets of banks and how governments throughout the "free world" have guaranteed private profits for banks, but have socialized losses for these same banks, impacting the taxpayer, and putting the economy at increased risk as volatility and leverage increase over time.