The Financial Crisis and the Free Market Cure: Why Pure Capitalism is the World Economy's Only Hope
John Allison
The Financial Crisis and the Free Market Cure: Why Pure Capitalism is the World Economy’s Only Hope
John Allison
WHAT HAVE WE LEARNED FROM THE FINANCIAL CRISIS?NOTHING. The informative bestseller that shows us where our economy went wrong-and what we can do about it-with a timely new introduction. One of the most important books to emerge from the 2008 economic crisis, this powerful wake-up call from financial expert John Allison has become a classic in the field. Now, in light of emerging global trends and shakeups in the stock market, the book’s message is more timely than ever: The government should stop trying to fix our economy. The free market is our best and only hope. In this eye-opening book, Allison reveals: *How the Federal Reserve has even more power than before the Great Recession-and why this is a problem. *How Wall Street has been wrongly blamed for our slow economic recovery-and why it’s Washington’s fault. *How government regulations like Dodd Frank have burdened banks-and stifled growth. *How socialized medicine and entitlements drive up costs-and how government policies exacerbate unemployment and income inequality. *Why free market capitalism offers a proven cure for our economy-and how to make it work for all Americans.
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