![]() ![]() This book has some very important things to say about the current economic crisis and how we got here, but it's unclear (judging from other LT reviews) how many will get the message. Drawing on his academic expertise, his years spent shaping policy in the Clinton administration and at the World Bank, and his more recent role as head of a UN commission charged with reforming the global financial system, Stiglitz outlines a way forward, building on ideas that he has championed his entire career: restoring the balance between markets and government, addressing the inequalities of the global financial system, and demanding more good ideas (and less ideology) from economists.įreefall is an instant classic, combining an enthralling whodunit account of the current crisis with a bracing discussion of the broader economic issues at stake. Stiglitz explains how America exported bad economics, bad policies, and bad behavior to the rest of the world, only to cobble together a haphazard and ineffective response when the markets finally seized up. ![]() In this forthright and incisive book, Nobel Laureate Joseph E. The current global financial crisis carries a "made in America" label. ![]()
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