Freefall, Joseph E. Stiglitz
Freefall, Joseph E. Stiglitz
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Freefall
America, Free Markets, and the Sinking of the World Economy

Author: Joseph E. Stiglitz

Narrator: Dick Hill

Unabridged: 13 hr 22 min

Format: Digital Audiobook Download

Publisher: Tantor Media

Published: 01/29/2010

Synopsis

The current global financial crisis carries a "made in America" label. In this forthright and incisive book, Nobel Laureate Joseph E. Stiglitz explains how America exported bad economics, bad policies, and bad behavior to the rest of the world, only to cobble together a haphazard and ineffective response when the markets finally seized up. Drawing on his academic expertise, his years spent shaping policy in the Clinton administration and at the World Bank, and his more recent role as head of a UN commission charged with reforming the global financial system, Stiglitz outlines a way forward, building on ideas that he has championed his entire career: restoring the balance between markets and government, addressing the inequalities of the global financial system, and demanding more good ideas (and less ideology) from economists.

Freefall is an instant classic, combining an enthralling whodunit account of the current crisis with a bracing discussion of the broader economic issues at stake.

About Joseph E. Stiglitz

Joseph E. Stiglitz is a professor of economics at Columbia University and the recipient of a John Bates Clark Medal and a Nobel Prize. He is also the former senior vice president and chief economist of the World Bank. His books include Globalization and Its Discontents, The Three Trillion Dollar War, and Making Globalization Work. He lives in New York City.

Reviews

Goodreads review by John on August 24, 2012

I am 'mostly' conservative and very much into holding on tight to my faith. That puts me somewhere on the right—maybe far right, although I am no radical. But I absolutely looovvved reading this book. Economist Stiglitz worked for former President Clinton and he maintains that Sarbanes and Oxley did......more

Goodreads review by Daniel on April 04, 2020

The book is about 10 years old. At points, the book feels dated; and then, at other points, you realize that the world and the US, in particular, are still struggling with the same basic questions: more regulation or less, a bigger role for government in the economy or not, a continuation of corpora......more

Goodreads review by Clif on August 02, 2024

This is an excellent account in simple language about what caused the financial crises of 2007-8 and contains welcome suggestions about corrections to the financial system that need to be made in order to avoid a repeat in the future. Stiglitz is a Keynesian (CANE-zee-un), a person who believes that......more

Goodreads review by Clif on April 07, 2011

Now that I’ve read this book I have the dangerous idea that I understand economics. I learned about this book from this review by Travis. Therefore, blame him for my new know-it-all melancholy demeanor caused by exposure to the “dismal science.” The author makes many suggestions on how to change wor......more

Goodreads review by Michael on March 10, 2019

We need books that make forceful motions for change; that push us past the malaise and stagnation that often envelopes our society. Stiglitz's searing critique of the financial sector, and its responsibility for the cycle of recessions that have become characteristic of the US economy, is much needed......more

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