In their groundbreaking new book, The Bankers’ New Clothes, Anat Admati and Martin Hellwig, two of the world’s most prominent and respected academics in finance and economics, expose the lies propagated by those who fight so dramatically to preserve the broken status quo. Argument by argument, scare tactic by scare tactic, they take on the bankers’ arguments and shred them, one by one, exposing them as nothing more than self-serving justifications for preserving a system that serves only the banks, not the general public. And most importantly, they do so in plain English with real world examples that are familiar to anyone who has ever had a bank account, a credit card, or a mortgage. They make the complex simple, and in so doing, reveal that as taxpayers we have been on the wrong side of a decades-long con that has enriched a handful of bankers while the rest of us suffer for their excesses.
|By: Neil Barofsky Saturday April 20, 2013 1:59 pm|
|By: Eli Tuesday August 30, 2011 6:01 pm|
The problem isn’t that all experts are worthless, the problem is that the worthless experts are the only ones that get heard.
|By: Bill McKibben Saturday January 22, 2011 1:59 pm|
Mark Hertsgaard is one of America’s veteran environmental journalists, a forceful voice for two decades. His important book, Earth Odyssey, was an early attempt to help Americans understand the underlying dynamics that would give rise to, say, the Chinese economic explosion, with its attendant environmental implications. His work in the Nation and elsewhere has been an essential part of the dialogue about climate change, the most pressing of our environmental issues.
|By: Jim White Saturday July 17, 2010 5:00 pm|
Laurie Anderson’s terrific performance of “Only an expert (can deal with the problem)” on The Late Show Wednesday night provokes thought on our current reliance on precisely the wrong experts to deal with the problems we face.
|By: Josh Nelson Sunday June 20, 2010 2:00 pm|
Writing on his blog last fall, the NYT’s Paul Krugman remarked, “I trust Joe Romm on Climate.” I agree with Mr. Krugman: when it comes to climate change — whether you are interested in either the science or the politics — Joe Romm’s Climate Progress blog is the single best source of information on the web. He’s blunt, extremely knowledgeable and solutions-oriented, a rare combination of attributes that leave him particularly well-suited to cover the scientific and political context of climate and energy policy.