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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Tim P.
Whiting, US
★★★★★ 5
Easy to use! No more hand cranking.
If you like the ease of an electric can opener, but don’t have room to store it or don’t want to drag it out when you need to use it, this is for you. I like a handheld can opener, but would get so frustrated trying to use it and turn the handle. This can opener is amazing and so easy to use. Just attach to can and push a button. It starts turning on its own and when it is done it stops. You lift it up and the lid comes off cleanly. It is rechargeable so need to worry about batteries. It tucks away in a drawer nicely. I bought my mom one too. She has arthritis in her hands so thought this would be perfect for her.
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Reviewed in the United States on January 10, 2026
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Albert C.
Boise, US
★★★★★ 5
Smooth edges better than twisting
Works a lot better than the crank style and the counter top electric and you can use the lid to reseal the can if you don't use the whole thing.
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Reviewed in the United States on June 3, 2026
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Amazon Customer
Louisville, US
★★★★★ 2
Worked for only 4 months. Now produces metal shards. Dangerous
Pros: Can be used with one hand. I bought this to have after surgery that left me without use of one arm for a few months. The light blinks when you need to charge it. Only needs a 2-3 min charge for enough juice to open a can. Cons: IT QUIT CUTTING CORRECTLY AFTER 4 MONTHS. I now have to use both hands to hold it in place to get it to latch on to the can. It also requires a few rotations around the top to cut through the seal, resulting in METAL SHARDS! The metal shards are super sharp and almost invisible. I stabbed myself with one enough to draw blood. This is dangerous as the metal could fall into the food when pouring from the can.
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Reviewed in the United States on January 10, 2026
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Verified Purchase
Catibbetts
Birmingham, US
★★★★★ 1
Can opener
This product does not work well! It actually doesn't work at all!! Will not cut thru can lids at all. Very disappointing to say the least. I purchased to make things easier only to be left not being able to open dinner 😕. Would not recommend to anyone!!!
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Reviewed in the United States on May 15, 2026
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Roberta Hallahan
San Leandro, US
★★★★★ 4
Can opener
It doesn't shut off by itself when done and doesn't shut off when I push the button, so after a while it will shut off but when it wants too after you take it off the can ,like 30 seconds. But I do like the way it cuts, a clean cut and lid removal nice.
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Reviewed in the United States on February 2, 2026

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