This book focuses on policies that truly work, offering fresh new thinking about the questions that shape the globalization debate, including a plan to restructure a global financial system made unstable by America's debt, ideas for how countries can grow without degrading the environment, a framework for free and fair global trade, and much more. Throughout, [the author] reveals that economic …
This is the explosive story of how capitalism US-style got its comeuppance: how excessive deregulation, government pandering to big business and exorbitant CEO salaries all fed the bubble that burst so dramatically amid corporate scandal and anti-globalization protest. As chief economic advisor to the president at the time, Stiglitz exposes the inside of what went wrong, but also reveals how…
Contents: 1. The making of a crisis 2. Freefall and its aftermath 3. A flawed response 4. The mortgage scam etc.