SKU: 4343427190

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

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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
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SKU: 4343427190

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Jason W.
West Palm Beach, US
★★★★★ 4
Great Functionality a bit light weight tho!
Color: Black
It’s def functional. It looks nice and is not an eye sore. Def will be easy to maintain for cleaning of dust. HOWEVER, four stars simply cause it is a bit top heavy. I will have to find a solution to weight it down so it’s not so top heavy. Possibly in the future they might design a simple one like this with a simple one pound weight across the bottom. Outside of that tiny little issue…a pretty solid simple compact remote holder that functions. Need I say it is Not an eye sore sitting on th coffee table. That was also a winner n my book.
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Reviewed in the United States on January 17, 2026
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Rubén
West Palm Beach, US
★★★★★ 5
Minimalist Must-Have.
Color: Black, Color: Black
I recently purchased this faux leather remote control holder, and I couldn’t be more impressed. The design is sleek and minimalist, making it a perfect addition to any modern living room. Its elegant finish gives the impression of genuine leather, yet it comes at an excellent price point that makes it accessible without sacrificing style. The craftsmanship is solid, with clean stitching and a sturdy structure that keeps remotes neatly organized. It’s not only functional but also adds a touch of sophistication to the space. For anyone looking to declutter their coffee table while maintaining a refined aesthetic, this product is a fantastic choice. Overall, it combines practicality, elegance, and affordability in a way that’s hard to beat. Highly recommended!
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Reviewed in the United States on May 19, 2026
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Cali Julz
Belleville, US
★★★★★ 5
Works great 👍🏻
Color: Black, Color: Black
Exactly as promised, the holder is super convenient, holds the main items I need and looks amazing doing so
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Reviewed in the United States on May 25, 2026
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Amazon Customer
Lowell, US
★★★★★ 5
Nice item
Color: Silver Gray
Great size and quality. I ordered gray, nice color. Love that it fits in the drawer of my nightstand!!!!
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Reviewed in the United States on April 30, 2026
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Kevin
Battle Creek, US
★★★★★ 5
Nice and Elegant.
Size: 7.7" x 7.7" x 1.7", Color: Black (Metal Glided), Size: 7.7" x 7.7" x 1.7", Color: Black (Metal Glided)
Color looks great, material is good quality and fits most of my items. It makes my items look neat and organized. Price is a bit high but worth it in my opinion.
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Reviewed in the United States on January 22, 2026

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