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In this insightful book, Richard Holt persuasively argues that America has in fact always been troubled by uncertainty over the extent and nature of its involvement in the global economy. Especially in the economic arena, he says, America has always been a reluctant superpower. The Reluctant Superpower is a vital reassessment of the roles of the free market and Keynesian thought in American history. It lucidly reveals how the events of the past two...
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"In ECONned, Yves Smith draws a direct connection between fundamentally flawed financial theories and a series of crises that culminated in the global meltdown of 2007 and 2008. This devastating critique shows that the pursuit of unenlightened self interest has produced a financial services industry that is a doomsday machine, systematically predatory, and now hugely powerful thanks to its control of vital financial infrastructure." "This is the first...
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The Rise of Big Government in the United States chronicles the phenomenal growth of local, state, and federal government over the last one hundred years. The authors argue that public and social acceptance (even demand) for government intervention has permitted a strong government role at all levels of the economy. Their argument takes issue with the claim that government has grown by itself and by the bureaucracy's constant push for its own expansion....
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