Age of Greed offers a long survey of the rise of regulation liberated financial markets and actors. The historical sweep is artful and well presented. The text argues for a return to more caged financial markets and actors. The steady and mounting pressures on the American middle class are correlated with the rising excesses, fortunes and missteps of financiers and their vehicles.
FDL Book Salon Welcomes Jeff Madrick, Age of Greed: The Triumph of Finance and the Decline of America, 1970 to the Present |
| By: Max Fraad Wolff Sunday July 3, 2011 1:59 pm |
FDL Book Salon Welcomes Moshe Adler, Economics for the Rest of Us |
| By: Max Fraad Wolff Sunday February 28, 2010 2:00 pm |
Moshe Adler’s Economics for the Rest of US is a strong introduction to the core conceits and theories of modern economics. The book takes readers on a well written tour of leading thoughts on key topics of perennial concern. Employment, equality, efficiency, wages are thrown around moving minds and legislation. As we struggle with high unemployment, stagnant wages and international competition, these issues must be understood. I would recommend this work as a intellectually curious guide to thinking about vital issues and the discipline of economics. It is valuable to have a fast, smooth run through of these topics. The interplay between the field of economics and the economy is a long ignored and vital discussion.


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