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by: Thomas Sowell List Price: $24.95 Amazon.com's Price: $18.96 You Save: $5.99 (24%) as of 03/10/2010 10:59 EST Used Price: $24.08 Third Party New Price: $15.27 Availability: Usually ships in 24 hours This item ships for FREE with Super Saver Shipping. Binding: Audio CD Dewey Decimal Number: 650 EAN: 9781433294075 Edition: Unabridged Format: Audiobook, Unabridged ISBN: 1433294079 Label: Blackstone Audio, Inc. Manufacturer: Blackstone Audio, Inc. Number Of Items: 4 Publication Date: May 14, 2009 Publisher: Blackstone Audio, Inc. Studio: Blackstone Audio, Inc. Features: ISBN13: 9781433294075 Condition: NEW Notes: Brand New from Publisher. No Remainder Mark. Click here to view our Condition Guide and Shipping Prices Related Items: Applied Economics: Thinking Beyond Stage One Intellectuals and Society Economic Facts and Fallacies Ever Wonder Why? And Other Controversial Essays Basic Economics 3rd Ed: A Common Sense Guide to the Economy see more Alternate Versions: Click to Display Browse for similar items by category: Click to Display Editorial Review: Product Description: There was no single, dramatic event that set the current financial crisis off. A whole series of very questionable decisions by many people, in many places, over a period of years, built up the pressures that led to a sudden collapse of the housing market and of financial institutions that began to fall like dominoes as a result of investing in securities based on housing prices. This book is designed to unravel the tangled threads of that story. It also attempts to determine whether what is being done to deal with the problem is more likely to make things better or worse. Customer Reviews Average Rating: Rating: - Very well-written, well-argued, great explanations I'm an economics professor and used this book in a course for non-econ majors about the economic crisis. Most of these students were 18 yrs old and never had any econ course before. Judging from the excellent class discussions we had about each chapter and their performance on the exams, it is clear that the book really engaged these students and they really learned a LOT from it. I mention this because I suspect many folks considering this book are NOT economics majors and want ... Read More Rating: - Concise review of the major players involved Dr. Sowell's book containes a concise detailing of the institutions and policy involved in crafting the housing bubble. He takes his sources mostly from newspaper anecdotes and uses them to examine the government policy at work in distorting the mortgage market by promoting homeownership fervently. He further explains the consequences of land-use restrictions in causing the elevated real estate values often found in cities on the west coast even before the onset of the bubble or bust. Far from ... Read More Rating: - The Housing Boom and Bust Thomas Sowell makes complex economic situations clearer than anyone else. Only he has pointed out the relationships in the housing boom that they are local, not national, and appear only in the areas where land-use restrictions caused real estate prices to soar. Brilliant! I loved reading this book. Rating: - Best Explanation of the Genesis of the Mortgage Crisis There is a lot of blame to go around in regard to the recent economic downturn precipitated by the mortgage crisis. Many politicians and their allies in the media are quick to point the finger in one direction (banks and Wall Street), partly as a way to divert attention from their own responsibility (putting regulations in place incentivising individuals to take out loans they could not afford). In this book, Dr. Sowell goes back to the beginning of the story and shows how the mortgage crisis actually ... Read More Rating: - Intellectually dishonest This book is intellectually dishonest. Mr. Sowell distorts statistics, facts, and quotes to fit his agenda while railing against others who do the same. There is not one footnote in the book, only a collection of references in the back. This makes fact checking incredibly, and intentionally, laborious. Mr. Sowell gloated in a column promoting this book, "Most people don't have time to spend digging into the Congressional Record and other sources to find out the ugly truth being covered up ... Read More see more