1st Edition

Recession Prevention Handbook Eleven Case Studies 1948-2007

By Norman Frumkin Copyright 2010

    This book analyzes the performance of the economy and the economic policy actions of the Federal Reserve, the president, and the Congress in the twelve months preceding each of the eleven recession the United States has endured since the end of World War II. Incoroporating extensive real-time data, the book offers policy recommendations for preventing future recessions or at least limiting their impact.

    Preface 1. Characteristics of Recessions 2. The Recession of 1948-49 3. The Recession of 1953-54 4. The Recession of 1957-58 5. The Recession of 1960-61 6. The Recession of 1969-70 7. The Recession of 1973-75 8. The Recession of 1980 9. The Recession of 1981-82 10. The Recession of 1990-91 11. The Recession of 2001 Economic Record 12. The Recession of 2007-9 13. Findings and Recommendations

    Biography

    Norman Frumkin, an economics writer in Washington, D.C., has a longstanding interest in macroeconomic analysis, forecasting, and policies, and in improving the quality of economic statistics. He has worked in the U.S. government, in industry, as an independent consultant, and has taught courses on understanding and using economic indicators. He is the author of Tracking America's Economy, 4th ed. (M.E. Sharpe, 2004) and Guide to Economic Indicators, 4th ed. (M.E. Sharpe, 2006).