SKU: 4343427190

Lost Decades: The Making of America's Debt Crisis and the Long Recovery

Sale price$19.12 Regular price$21.24
Save 10%

Shipping Estimate
USA
  • USA
  • CAN

Ships within 48 hours · Estimated delivery Jul 11 - Jul 16

Promo Codes Available:

For Your Every Summer RSVP, with Code: SUMMER15

Description

Lost Decades: The Making of America's Debt Crisis and the Long RecoveryThe U. S. economy lost the first decade of the twenty first century to an ill conceived boom and subsequent bust. It is in danger of losing another decade to the stagnation of an incomplete recovery. How did this happen? Read this lucid explanation of the origins and long term effects of the recent financial crisis, drawn in historical and comparative perspective by two leading political economists. By 2008 the United States had become the biggest

The U.S. economy lost the first decade of the twenty-first century to an ill-conceived boom and subsequent bust. It is in danger of losing another decade to the stagnation of an incomplete recovery. How did this happen? Read this lucid explanation of the origins and long-term effects of the recent financial crisis, drawn in historical and comparative perspective by two leading political economists.

By 2008 the United States had become the biggest international borrower in world history, with more than two-thirds of its $6 trillion federal debt in foreign hands. The proportion of foreign loans to the size of the economy put the United States in league with Mexico, Indonesia, and other third-world debtor nations. The massive inflow of foreign funds financed the booms in housing prices and consumer spending that fueled the economy until the collapse of late 2008. This was the most serious international economic crisis since the Great Depression of the 1930s.

Menzie Chinn and Jeffry Frieden explain the political and economic roots of this crisis as well as its long-term effects. They explore the political strategies behind the Bush administration's policy of funding massive deficits with foreign borrowing. They show that the crisis was foreseen by many and was avoidable through appropriate policy measures. They examine the continuing impact of our huge debt on the continuing slow recovery from the recession. Lost Decades will long be regarded as the standard account of the crisis and its aftermath.



Binding Type: Paperback
Publisher: W. W. Norton & Company
Published: 10/01/2012
ISBN: 9780393344103
Pages: 284
Weight: 0.55lbs
Size: 8.10h x 5.40w x 0.80d
Shipping Notes
  • Free Standard Shipping on $100+ Orders to the USA.
  • Except Preorder products are shipped in 48 hours.
  • Delivery to the USA:
  1. Standard Shipping : 3-10 business days
  • If time is of the essence, please consider selecting expedited delivery for faster service.
Exchange/Return Notes
  • We offer a 30-day return/exchange service after receiving.
  • Final sale items are not eligible for returns or exchanges.
  • To process your return/exchange, please contact us at [email protected]
  • Please click here for more details>>> Return & Exchange Policy
SKU: 4343427190

Discover Niche Categories That Outsell

Top-Converting Item to Boost Your Average Order

4.7 ★★★★★
Based on 414 reviews
Sort
Highest Rating
Newest First
Oldest First
Product Reviews
K
Verified Purchase
KCL
Massapequa, US
★★★★★ 4
Not REAL wood - particle board with veneer - but still beautiful.
Color: 1set, Size: 24inch, Color: 1set, Size: 24inch
Came on time, easy to assemble, relatively easy to install. Metal rods are actually metal, which is nice. Flanges are good quality, very nice rustic look. Shelves are less wonderful. They are definitely not real wood at all. They are cheap particle board with veneer. I would not have purchased had I read more reviews, BUT it is still beautiful, sturdy and does the trick. We can always cut our own shelves if we should so choose and re-use the very nice hardware. 4/5 for misrepresenting as real wood, but 5/5 for functionality and aesthetic.
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on February 26, 2023
A
Verified Purchase
Amazon Customer
Waukegan, US
★★★★★ 5
Love Them!
Color: 1set, Size: 24inch
Fast delivery, heavy duty, deep shelves over other units, and they're beautiful! Would absolutely buy again!
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on February 11, 2026
S
Verified Purchase
Steve
Dallas, US
★★★★★ 5
Perfect Blend of Style and Functionality!
Size: 48in, Color: 3tier
Couldn't be happier with the results! The combination of black galvanized pipes and thick wooden shelves adds a rustic yet modern touch to my decor. These shelves are incredibly sturdy and can hold a good amount of weight, making them perfect for towels and decorative items. I love how versatile they are; I can see them working well in the kitchen or living room too. The assembly was straightforward. Overall, these shelves are a fantastic space-saving solution that enhances the aesthetic of any room!
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on June 13, 2025
J
Verified Purchase
JZ
Whiting, US
★★★★★ 5
Provide mix of rustic and modern vibes
Size: 48in, Color: 3tier, Size: 48in, Color: 3tier
Absolutely love how these turned out! The black pipes and chunky wooden shelves give off a perfect mix of rustic and modern vibes. Super sturdy too—they hold a good amount of weight, so I’ve been using them for books and a few decor pieces. They’re really versatile—would look great in home office or living room as well. Assembly was easy, nothing too tricky. Overall, a great way to save space and add some style to the room!
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on June 30, 2025
L
Verified Purchase
Lexie Crisp
Birmingham, US
★★★★★ 5
Perfect!
Size: 48in, Color: 3tier
A little hard to line up but extremely beautiful and worth it!!
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on December 31, 2025

recommand products