Freefall: America, Free Markets, and the Sinking of the World Economy

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Product Details

Price
$16.95
Publisher
W. W. Norton & Company
Publish Date
Pages
443
Dimensions
5.4 X 1.2 X 8.2 inches | 0.85 pounds
Language
English
Type
Paperback
EAN/UPC
9780393338959
BISAC Categories:

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About the Author

Joseph E. Stiglitz is a Nobel Prize-winning economist and the best-selling author of Globalization and Its Discontents Revisited: Anti- Globalization in the Age of Trump, The Price of Inequality, and Freefall. He was chairman of the Council of Economic Advisers under President Clinton, chief economist of the World Bank, named by Time as one of the 100 most influential individuals in the world, and now teaches at Columbia University and is chief economist of the Roosevelt Institute.

Reviews

Mr. Stiglitz uses his experience teaching to give the lay reader a lucid account of how overleveraged banks, a shoddy mortgage industry, predatory lending and unregulated trading contributed to the meltdown, and how, in his opinion, ill-conceived rescue efforts may have halted the freefall but have failed to grapple with more fundamental problems.... His prescience lends credibility to his trenchant analysis of the causes of the fiscal meltdown.--Michiko Kakutani
As a Nobel Prize winner, member of the cabinet under former President Bill Clinton and chairman of his Council of Economic Advisers, Joseph E. Stiglitz has some practical ideas on how to ease the pain of the Great Recession and maybe help prevent the next one.--Carl Hartman
Stiglitz offers a powerful account of the financial meltdown and criticizes the Obama Administration for 'muddling through' rather than pushing aggressively for change.... An excellent overview from a Nobel prize-winning economist of what caused the crisis and what reforms should be enacted.... I can only hope Obama makes room for it on his nightstand.--James Pressley
This is the best book so far on the financial crisis. Joseph Stiglitz . . . is knowledgeable about the historical background, immersed in the policy debate and a pioneer of the economic theories needed to understand the origins of the problems.
Freefall is a spirited attack on Wall Street, the free market and the Washington consensus.--David Smith
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