Freefall: America, Free Markets, and the Sinking of the World Economy




Author: -
Type: aBook
Date Released: 0000
Format: m4a
Language: English
Page Count: 0
Isbn10 Code: -
Isbn13 Code: -


Freefall has three standout strengths. First, it is a powerful indictment of Wall Street, the United States financial sector and the Federal Reserve Board. Second, it offers a reluctant but persuasive elaboration of how the Obama administration decided to embrace the financial sector and the Fed, continuing and enlarging both the bailout and the too-big-to-fail philosophy that it inherited from George W. Bush. Finally, it is a blunt attack on Stiglitz's own profession, for transforming "scientific discipline" into "free-market capitalism's biggest cheerleader"Stiglitz's virtue is that he minces few words.

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