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Applying the Evaluative Construct of Economic Efficiency

In: Avoiding Corporate Breakdowns

Author

Listed:
  • LaRue Hosmer
  • Patrick J. Barry

Abstract

The end of the housing boom in 2006, the start of the foreclosure process in 2007, and the near bankruptcy of the financial industry in 2008 were sequentially connected. The latter could not have happened without the former, and the resulting combination was one of the most destructive collapses ever to occur throughout the economy of the United States, and to some extent that of the world.

Suggested Citation

  • LaRue Hosmer & Patrick J. Barry, 2013. "Applying the Evaluative Construct of Economic Efficiency," Palgrave Macmillan Books, in: Avoiding Corporate Breakdowns, chapter 0, pages 61-93, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-32589-1_3
    DOI: 10.1057/9781137325891_3
    as

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