archive

A new economy in the aftermath of crisis

From FDL, a book salon on Capitalism Hits the Fan: The Global Economic Meltdown and What to Do About It by Richard D. Wolff. Surveying the wreckage: What can we learn from the top books on the financial crisis? When markets crash for no apparent reason: Why did the world economy plunge into the worst recession since the Great Depression? Economic fundamentals do not explain the global crisis, but they did play a role. A review of Capitalism 4.0: The Birth of a New Economy in the Aftermath of Crisis by Anatole Kaletsky. More and more and more on More Money Than God: Hedge Funds and the Making of the New Elite by Sebastian Mallaby. Adair Turner on the uses and abuses of economic ideology. From Policy, a review of Capitalism, Institutions and Economic Development by Michael G. Heller; a review of In Defense of Monopoly: How Market Power Fosters Creative Production by Richard B McKenzie and Dwight R Lee; a review of Filthy Lucre: Economics for Those Who Hate Capitalism by Joseph Heath; a review of Christian Theology and Market Economics by Ian Harper and Saumel Gregg; and a review of "Are Economics Basically Immoral?" and other Essays on Economics, Ethics and Religion by Paul Heyne. A review of Crack Capitalism by John Holloway. A review of Cornered: The New Monopoly Capitalism and the Economics of Destruction by Barry C. Lynn and Rebound: Why America Will Emerge Stronger from the Financial Crisis by Stephen J. Rose.