The Institute of Economic Affairs invites you to attend an IEA Book Launch:
When Bubbles Burst:Surviving the Financial Fallout
(published by Nicholas Brealey Publishing)
by John Calverley
Wednesday 24th June 2009
6.30pm 8.00pm (with brief remarks by the Author at 7.00pm)
2 Lord North Street, Westminster, SW1 (door on Great Peter Street)
Click To Buy -
'When Bubbles Burst: Surviving the Financial Fallout'
Indispensable for everyone who wants to understand how bubbles arise and how to avoid being caught out by the next one' Professor Roger Bootle, Capital Economics
Bubbles matter. They have become the driver of booms and busts in economies around the world over the last 20 years and, this time, have nearly destroyed the banking system while causing probably the worst recession since the Second World War.
What will be the outcome of the current financial crisis? How bad will the recession get? Could it turn into a depression? How far will house prices fall? Will the downturn lead to deflation or will the measures to deal with it eventually lead to inflation?
These are some of the questions that John Calverley addresses in this extremely timely and topical new book. Following on from his classic