1st Edition
Recession Prevention Handbook Eleven Case Studies 1948-2007
This book analyzes the performance of the economy and the economic policy actions of the Federal Reserve, the president, and the Congress in the twelve months preceding each of the eleven recession the United States has endured since the end of World War II. Incoroporating extensive real-time data, the book offers policy recommendations for preventing future recessions or at least limiting their impact.
Biography
Norman Frumkin, an economics writer in Washington, D.C., has a longstanding interest in macroeconomic analysis, forecasting, and policies, and in improving the quality of economic statistics. He has worked in the U.S. government, in industry, as an independent consultant, and has taught courses on understanding and using economic indicators. He is the author of Tracking America's Economy, 4th ed. (M.E. Sharpe, 2004) and Guide to Economic Indicators, 4th ed. (M.E. Sharpe, 2006).