Global Financial Meltdown: How We Can Avoid the Next Economic Crisis

Front Matter....Pages i-x
Introduction....Pages 1-4
Front Matter....Pages 5-5
The Beauty (and the Beast) of Free Markets....Pages 7-17
The Post-Industrial Revolution and the Transforming Economies....Pages 18-26
Front Matter....Pages 27-27
The Anatomy of a Train Wreck....Pages 29-37
Get Your Money for Nothing and Your Kicks for Free....Pages 38-44
The World Threw a Party....Pages 45-55
Front Matter....Pages 57-57
When I’m 64....Pages 59-66
Progress Marches On....Pages 67-73
Fill ‘Er Up....Pages 74-82
Gold, Oil, and Dollars, and the Decline of an Economic Superpower....Pages 83-88
Front Matter....Pages 89-89
Too Clever by One Half....Pages 91-99
Who’s Minding the Store?....Pages 100-111
Who Spiked the Punchbowl?....Pages 112-117
Who Stole the Punchbowl?....Pages 118-123
Seems that We Have a Failure to Coordinate....Pages 124-131
The Timely Death of Supply Side Economics....Pages 132-135
Front Matter....Pages 137-137
The Higher You Go, the Farther You Fall....Pages 139-143
America Sneezes and the World Catches a Cold....Pages 144-148
Asleep at the Switch....Pages 149-157
The Bigger You Are, the Softer You Fall....Pages 158-165
Front Matter....Pages 137-137
It’s Downright Criminal....Pages 166-171
Somebody’s Hedging....Pages 172-179
Markets and Technology — The Great Enabler or the Great Disabler?....Pages 180-186
Front Matter....Pages 187-187
Panics, Politics, and the Media....Pages 189-193
The Only Thing We Have to Fear is Fear Itself....Pages 194-200
Do Stimulus Packages Work?....Pages 201-206
When Politics Gets in the Way of Good Ole’ Common Sense....Pages 207-212
The Taxman Cometh....Pages 213-221
An Educated Global Citizen....Pages 222-224
Let’s Build a Better Mousetrap....Pages 225-238
Conclusions....Pages 239-241
Epilogue....Pages 242-244
Back Matter....Pages 245-252