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The Trouble with Markets: Saving Capitalism from Itself
By Roger Bootle
Hard cover in very good condition. 276pages. 2009
In the spirit of John Kenneth Galbraith and Paul Krugman, Roger Bootle challenges readers to look at the deep causes of the current financial crisis in his trenchant, topical, and thought-provoking exploration of both our economic future and the future of the market system itself. The latest financial crisis is explained in a historical context and supplemented with fascinating material on the Great Depression and other periods of economic downturn. Roger Bootle walks readers through the roles of regulators and bankers, and although fiercely critical of bankers and regulators for their roles, Bootle blames the crisis not on them, but on the idea that financial markets can be left alone.
Written in his distinctive, highly readable style, the book examines a host of critical questions, including what investors should do with their money in turbulent times, and calls for a contraction of the overfed financial services sector. Provocative, radical and thoroughly international in scope, The Trouble with Markets is sure to appeal to financial types and general readers alike.