No Way to Run an Economy: Why the System Failed and How to Put it Right
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Description
List of Tables and Figures; Preface; Glossary; GFC Economics; Acknowledgement Introduction; 1. From Bear Stearns to Depression; Charts the slide from the Bear Stearns'collapse into depression; 2. The Policy Mistakes; A critical examination of the mistakes that aggravated the collapse; 3. A Global Credit Crunch; A look at the many countries sliding into depression; 4. Ineptitude or Ideology?; Were policymakers inept, or blinded by ideology?; 5. Charting a Way Out; Some positive suggestions for a recovery.;Dissects the policy mistakes, including Obama's doomed market-led response to the crisis and the obsession of central banks with the red herring of inflation. This title warns that the collapse of Eastern European economies can lead to political crisis in the ex-Soviet states that embraced neoliberalism and massive debt levels so fully.
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