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Financial meltdowns could leave whole nations destitute, ruin businesses, and cause major social and political upheavals. How likely is it that such a disastrous chain of events could really play out, and what are countries, companies, organizations, and individuals doing to prevent such a scenario? Readers will dive into the complex history of past financial meltdowns, such as the Great Depression and the global financial crisis of 2008, all illustrated...
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John Cassidy describes the rising influence of what he calls utopian economics -- thinking that is blind to how real people act and that denies the many ways an unregulated free market can produce disastrous unintended consequences. He then looks to the leading edge of economic theory, including behavioral economics, to offer a new understanding of the economy -- one that casts aside the old assumption that people and firms make decisions purely on...
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Who killed the economy?
A page-turning, true-crime exposé of the subprime salesmen and Wall Street alchemists who produced the biggest financial scandal in American history
"It's hard to have a guilty conscience if you don't have a conscience. Anything that benefited production, that benefited me and benefited my wallet, I'd do it."
The sales force at Ameriquest Mortgage took this philosophy to heart. They watched the Hollywood white-collar-crime...
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