Edition |
FIRST edition. |
Description |
xviii, 743 pages ; 25 cm |
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text txt rdacontent |
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unmediated n rdamedia |
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volume nc rdacarrier |
Bibliography |
Includes bibliographical references and index. |
Contents |
The blackberry panic of 2008 -- The Reagan era revisited: false narratives of our times -- New deal legends and the twilight of sound money -- The age of bubble finance -- Sundown in America: the end of free markets and democracy. |
Summary |
In this 80-year revisionist history of the American state, former Reagan budget director and bestselling author David Stockman shows where capitalism went wrong, how it was corrupted, and how it might be restored. He argues that Washington -- and especially the Federal Reserve -- have fallen prey to the politics of crony capitalism and the ideologies of fiscal stimulus, monetary central planning, and financial bailouts. These policies have converged to bloat the welfare state, perpetuate the military-industrial complex, deplete the revenue base, fuel new financial bubbles, favor Wall Street with cheap money, rig stock and bond markets, crush Main Street savers, and punish family budgets with soaring food and energy costs. |
Subject |
United States -- Economic policy -- 2009-
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Government spending policy -- United States.
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Political corruption -- Economic aspects -- United States.
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Financial crises -- United States.
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Finance -- United States.
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Financial institutions -- Government policy -- United States.
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Economic policy. (OCoLC)fst00902025
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Finance. (OCoLC)fst00924349
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Financial crises. (OCoLC)fst00924607
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Financial institutions -- Government policy.
(OCoLC)fst00924661
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Government spending policy. (OCoLC)fst00945615
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Political corruption -- Economic aspects.
(OCoLC)fst01069242
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United States. (OCoLC)fst01204155
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Chronological Term |
Since 2009
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ISBN |
9781586489120 (HC) |
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1586489127 (HC) |
Standard No. |
40022124770 |
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