Ocean State Libraries

The tsunami of cheap credit that rolled across the planet between 2002 and 2008 was more than a financial phenomenon: it was temptation, offering entire societies the chance to reveal aspects of their characters they could not normally afford to indulge. Icelanders wanted to stop fishing and become investment bankers. The Greeks wanted to turn their country into a piñata stuffed with cash and allow as many citizens as possible to take a whack at...

"Looks at the ways that current dramatic shifts in the domestic and global economy have their roots in the 2008 economic crisis and its aftermath, exploring novel themes in the way the crisis has played out for the past decade and will influence the future." --

Johnson and Kwak examine not only how Wall Street's ideology, wealth, and political power among policy makers in Washington led to the financial debacle of 2008, but also what the lessons learned portend for the future.

"In September 2008, beset by mounting losses on high-risk mortgages and mortgage securities, the Federal Home Loan Mortgage Corporation teetered on the brink of insolvency. Fearing that confidence in the housing market would collapse completely if Freddie Mac and its competitor Fannie Mae failed, the US government made the difficult decision to place the two firms into conservatorship, taking control away from shareholders. Although the taxpayer commitment...

Explores the reasons behind the 2008 global financial crisis.

Discusses the bleak economic landscape for Millennials and offers policy suggestions focused on social enterprise and investment in economic growth.

"An intimate look at the lives of Americans who have been affected, in very different ways, by the 2008 Recession"--Provided by publisher. Journalist Barbara Garson shows us the real human cost of our economic follies. The Great Recession has thrown huge economic challenges at almost all Americans save the super-affluent few, and we are only now beginning to reckon up the human toll. This book is an urgent dispatch from the front lines of our vast...

Many fine books on the financial crisis were first drafts of history--books written quickly to fill the need for immediate understanding. Alan S. Blinder, former vice chairman of the Federal Reserve Board, held off, taking the time to understand the crisis and create a truly comprehensive and coherent narrative of how the worst economic crisis in postwar American history happened, what the government did to fight it, and what we must do from here--mired...

"This important title tackles the complex events that led up to the global financial crisis and recession of 2007 onward. Readers will weave their way through the differing causes and effects of the crisis and are encouraged to come to their own conclusions about global economic theories, the effects of globalization, and the income inequality between the wealthiest 1% and the rest of the population. Using case studies, debate sidebars, and critical-thinking...

"Inspired by a true story, Hustlers follows Destiny, a young stripper struggling to make ends meet. That is, until she meets Ramona, the club's savvy top earner, who shows her the way toward making big bucks. But when the 2008 economic collapse hits their Wall Street clientèle hard, Destiny and Ramona concoct a plan with their fellow strippers to turn the tables on these greedy power players in this wild, modern-day Robin Hood." --