Freefall by Joseph E Stiglitz

Freefall by Joseph E Stiglitz

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Freefall by Joseph E Stiglitz

An incisive look at the global economic crisis, our flawed response, and the implications for the worlds future prosperity.
"MrStiglitz uses his experience teaching to give the lay reader a lucid account of how overleveraged banks, a shoddy mortgage industry, predatory lending and unregulated trading contributed to the meltdown, and how, in his opinion, ill-conceived rescue efforts may have halted the freefall but have failed to grapple with more fundamental problems…. His prescience lends credibility to his trenchant analysis of the causes of the fiscal meltdown." -- Michiko Kakutani - The New York Times
"[W]hat brings this book to life is his formidable grasp of economic policy and strong sense of conviction about the blunders that have been made, especially with respect to the bank bailouts." -- Jim Zarroli, NPR business reporter - NPR
"Asks some basic and provocative questions… Freefall is a must-read for anyone seeking to understand the roots of the financial crisis. Stiglitz brilliantly analyzes the economic reasons behind the banking collapse, but he goes much further, digging down to the wrongheaded national faith in the power of free markets to regulate themselves and provide wealth for all." -- Chuck Leddy - Boston Globe
"As a Nobel Prize winner, member of the cabinet under former President Bill Clinton and chairman of his Council of Economic Advisers, Joseph E. Stiglitz has some practical ideas on how to ease the pain of the Great Recession and maybe help prevent the next one." -- Carl Hartman - Associated Press
"Freefall is a spirited attack on Wall Street, the free market and the Washington consensus." -- David Smith - The Times [London]
"Stiglitz offers a powerful account of the financial meltdown and criticizes the Obama Administration for 'muddling through' rather than pushing aggressively for change…. An excellent overview from a Nobel prize-winning economist of what caused the crisis and what reforms should be enacted…. I can only hope Obama makes room for it on his nightstand." -- James Pressley - BusinessWeek
"Stiglitz is the world's leading scholarly expert on market failure, and this crisis vindicates his life's work. There have been other broad-spectrum books on the genesis and dynamics of the collapse, but Freefall is the most comprehensive to date, grounded in both theory and factual detail…. the definitive critique to date of how the Summers-Geithner strategy fails, both as economics and as politics…. The tone of this book is good-humored and public-minded." -- Robert Kuttner - The American Prospect
Joseph E. Stiglitz is a Nobel Prize–winning economist and the best-selling author of People, Power, and Profits; Globalization and Its Discontents Revisited; The Price of Inequality; and Freefall. He was chairman of the Council of Economic Advisers under President Clinton, chief economist of the World Bank, and now teaches at Columbia University and is chief economist of the Roosevelt Institute.
SKU Unavailable
ISBN 13 9780393075960
ISBN 10 0393075966
Title Freefall
Author Joseph E Stiglitz
Condition Unavailable
Binding Type Hardback
Publisher WW Norton & Co
Year published 2010-01-19
Number of pages 400
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
Note Unavailable