Stiglitz, Joseph E.

Freefall : America, free markets, and the sinking of the world economy / Joseph E. Stiglitz. - First edition. - xxx, 361 pages ; 25 cm

Includes bibliographical references (pages 299-361).

The making of a crisis -- Freefall and its aftermath -- A flawed response -- The mortgage scam -- The Great American Robbery -- Avarice triumps over prudence -- A new capitalist order -- From global recovery to global prosperity -- Reforming economics -- Toward a new society.

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. Stiglitz then outlines a way to restore the balance between markets and government, address the inequalities of the global financial system, and demand more good ideas (and less ideology) from economists.

0393075966 9780393075960

2009051285


Financial crises--United States
Finance--Government policy--United States
Global Financial Crisis, 2008-2009


United States--Economic policy--2001-2009

HB3722 / .S842 2010

330.973