Boom Bust - 2nd Edition by Fred Harrison (Paperback)
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About this item
Highlights
- Using the United Kingdom as a case study, this well-researched account shows how, for more than 200 years, a remarkably regular 18-year cycle of boom and bust can be traced to the peaks and troughs in land prices.
- About the Author: Fred Harrison is the research director of the Land Research Trust in London.
- 304 Pages
- Business + Money Management, Accounting
Description
Book Synopsis
Using the United Kingdom as a case study, this well-researched account shows how, for more than 200 years, a remarkably regular 18-year cycle of boom and bust can be traced to the peaks and troughs in land prices. This exploration reveals how governments, during the upswing of the cycle, are complicit in encouraging a belief that property prices will continue upwards indefinitely because of their skilled management of the economy and attributes the current crises to public policy on both sides of the Atlantic. An alternative plan to neutralize the next boom--one that would lead to a more stable and environmentally friendly economy with a more equitable distribution of wealth--is also presented.Review Quotes
"There are some fascinating insights into cycles, property and rents." --John Calverley, chief economist, American Express Bank
"[Harrison] does make a case for the existence of an 18-year business cycle, which he links to speculation in the property market." --Financial Times
"Does Harrison really know something we don't?" --The Mail on Sunday
"Fascinating insights into cycles, property and rents." --Institute of Economic Affairs
"For anyone seeking to understand the vagaries of the housing market, this is a fascinating read." --Sunday Telegraph
"Harrison's book is a formidable challenge to the apologists of the status quo." --American Journal of Economics and Sociology
"The essence of its argument is that the majority of current property prices reflect land value rather than building costs." --Professional Investor
About the Author
Fred Harrison is the research director of the Land Research Trust in London. He is the author of Ricardo's Law: House Prices & the Great Tax Clawback Scam and Wheels of Fortune: Self-Funding Infrastructure and the Free Market Case for a Land Tax.Dimensions (Overall): 9.09 Inches (H) x 6.41 Inches (W) x .87 Inches (D)
Weight: 1.05 Pounds
Suggested Age: 22 Years and Up
Number of Pages: 304
Genre: Business + Money Management
Sub-Genre: Accounting
Publisher: Shepheard-Walwyn Publishers
Theme: Financial
Format: Paperback
Author: Fred Harrison
Language: English
Street Date: April 1, 2010
TCIN: 1003740098
UPC: 9780856832543
Item Number (DPCI): 247-15-5350
Origin: Made in the USA or Imported
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Shipping details
Estimated ship dimensions: 0.87 inches length x 6.41 inches width x 9.09 inches height
Estimated ship weight: 1.05 pounds
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