Freefall

Fülszöveg

AN INCISIVE LOOK AT THE GLOBAL ECONOMIC CRISIS, OUR FLAWED RESPONSE, AND THE
IMPLICATIONS FOR THE WORLD'S FUTURE PROSPERITY.
The Great Recession, as it has come to be called, has impacted more people worldwide than any crisis since the Great Depression. Flawed government policy and reckless and unscrupulous personal and corporate behavior in the United States created the current financial meltdown, which was exported across the globe with devastating conséquences. The crisis has sparked an essential debate about America's economie missteps, the soundness of this countrys economy, and even the appropriate shape of a capitalist system.
Few are more qualified to comment during this turbulent time than Joseph E. Stiglitz. Winner of the 2001 Nobel Prize in Economies, Stiglitz is "an insanely great economist, in ways you can't really appreciate unless you're deep into the field" (Paul Krugman, New York Times). In Freefall, Stiglitz traces the origins of the Great Recession, eschewing... Tovább

Fülszöveg

AN INCISIVE LOOK AT THE GLOBAL ECONOMIC CRISIS, OUR FLAWED RESPONSE, AND THE
IMPLICATIONS FOR THE WORLD'S FUTURE PROSPERITY.
The Great Recession, as it has come to be called, has impacted more people worldwide than any crisis since the Great Depression. Flawed government policy and reckless and unscrupulous personal and corporate behavior in the United States created the current financial meltdown, which was exported across the globe with devastating conséquences. The crisis has sparked an essential debate about America's economie missteps, the soundness of this countrys economy, and even the appropriate shape of a capitalist system.
Few are more qualified to comment during this turbulent time than Joseph E. Stiglitz. Winner of the 2001 Nobel Prize in Economies, Stiglitz is "an insanely great economist, in ways you can't really appreciate unless you're deep into the field" (Paul Krugman, New York Times). In Freefall, Stiglitz traces the origins of the Great Recession, eschewing easy answers and demolishing the contention that America needs more billion-dollar bailouts and free passes to those "too big to fail," while also oudining the alternatives and revealing that even now there are choices ahead that can make a différence. The system is broken, and we can only fix it by examining the underlying theories that have led us into this new "bubble capitalism."
Ranging across a host of topics that bear on the crisis, Stiglitz argues convincingly for a restoration of the balance between government and markets. America as a nation faces huge challenges—in health care, ener-gy, the environment, éducation, and manufacturing— and Stiglitz penetratingly addresses each in light of the newly emerging global economie order. An ongoing war of ideas over the most effective type of capitalist system, as well as a rebalancing of global economic Vissza