“An economic primer on the housing bubble, but more importantly, it is an examination of the ruling class's inability to leave well enough alone.”
“Sowell's account qualifies the standard story that greedy investment bankers and mortgage brokers caused the whole crisis.”
The Washington Times
“For anyone looking for a straightforward and honest discussion of the origins of our current crisis, informed by a deep understanding of both economics and politics, The Housing Boom and Bust is required reading.”
Now completely revised in paperback, The Housing Boom and Bust is designed to unravel the tangled threads of that story. It also attempts to determine whether what is being done to deal with the problem is more likely to make things better or worse.