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America, Free Markets, And The Sinking Of The World Economy
W. W. Norton & Company
January 2010
On Sale: January 18, 2010
361 pages ISBN: 0393075966 EAN: 9780393075960 Hardcover
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Non-Fiction
Nobel Prize winner Joseph E. Stiglitz explains the current
financial crisis—and the coming global economic order. The
current global financial crisis carries a “made-in-America”
label. 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. Drawing on his
academic expertise, his years spent shaping policy in the
Clinton administration and at the World Bank, and his more
recent role as head of a UN commission charged with
reforming the global financial system, Stiglitz outlines a
way forward building on ideas that he has championed his
entire career: restoring the balance between markets and
government, addressing the inequalities of the global
financial system, and demanding more good ideas (and less
ideology) from economists. Freefall is an instant classic,
combining an enthralling whodunit account of the current
crisis with a bracing discussion of the broader economic
issues at stake. .
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