Freefall
Sub-Title:
America, Free Markets, and the Sinking of the World EconomyAuthor:
Joseph E. StiglitzPublisher:
W. W. Norton & Company, IncorporatedPublication Date:
01-18-2010ISBN:
9780393075960Pages:
361Subjects:
2001-2009Economic Policy
Finance
Financial Crises
Monetary Policy
United States
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Available as:
Hardback, 9780393075960 CD-Audio, 9781400115365 CD-Audio, 9781400165360 CD-Audio, 9781400145362 Downloadable audio file, 9781400185368 Downloadable audio file, 9781400195367 Electronic book text, 9780393077070 Hardback, 9781846142796 Mixed media product, 9781615871223 Paperback, 9780393338959
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Description:
The current global financial crisis carries a "made in America" label. In this forthright and incisive book, Nobel Laureate Joseph E. Stiglitz explains how America exported bad economics, bad policies, and bad behavior to the rest of the world, only to cobble together a haphazard and ineffective response when the markets finally seized up. Drawing on his academic expertise, his years spent shaping policy in the Clinton administration and at the World Bank, and his more recent role as head of a UN commission charged with reforming the global financial system, Stiglitz outlines a way forward, building on ideas that he has championed his entire career: restoring the balance between markets and government, addressing the inequalities of the global financial system, and demanding more good ideas (and less ideology) from economists.Freefall is an instant classic, combining an enthralling whodunit account of the current crisis with a bracing discussion of the broader economic issues a
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