Books to help in the current financial crisis.
Kevin Phillips
A cautionary survey of the role of America’s financial sector in compromising the nation’s economy and global future examines the sources of such issues as rising debt, high mortgage rates, and increasing oil prices, making sobering predictions about the downfall of America as a world power.
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George Soros
Presents an analysis of the origins of the current credit crisis and emphasizes that the theory that boom or burst cycles are only temporary and that market forces tend toward equilibrium needs to be revised to incorporate the realities of the global economy.
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Michael Lewis
An analysis of five financial upheavals in recent history includes coverage of the 1987 stock market crash, the Internet bubble, and the sub-prime mortgage crisis, in a report that reveals how public knowledge differed from what was actually taking place.
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Charles R. Morris
Examines American economic policies and trends over the last forty years and analyzes how the free market system has contributed to the current crisis in the credit markets and what the federal government should do to remedy the situation.
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Naomi Klein
An introduction to the concept of “disaster capitalism” offers an exposâe of how the global “free market” has exploited crises, violence, and shock over the past three decades to promote radical privatization that benefits large corporations and powerfulinterest groups.
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Mark Zandi
Examines the underlying causes of the current mortgage crisis, from irresponsible lenders and predatory speculators to home “flippers” and less-than-truthful borrowers, and provides advice for reforms and regulations which could prevent a recurrence in the future.
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Steven Greenhouse
Examines the growing crisis confronting American workers at every economic level who are dealing with stagnating wages, shrinking health and pension benefits, and disappearing job security, and exposes the poor treatment of employees by many corporations.
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