Easy to read, logical, clear, comprehensive, insightful.
The book argues that it is the short-termism of both the politicians as well as that of the investment bankers that have played a major role in creating this crisis.
Norberg's book is an early attempt to explain the history behind the financial crisis of 2007 which has since then spread throughout the world.
Very well written - had a prosaic style, was disconnected at points however, hence the four rather than five star rating. Read morePublished 7 months ago by Davin Eastley
Easy to read, logical, clear, comprehensive, insightful. Opinionated. If you are leftist, you will not believe a word, of course.Published 7 months ago by Anssi Porttikivi
I'm not likely to agree with anyone who is a fellow at the Cato Institute, but I thought I might like to see what the author's perspective is on the Great Recession of 2007 onward. Read morePublished 19 months ago by R. Golen
Johan Norberg is a fellow with the Cato Institute; he is also the author of In Defense of Global Capitalism. Read morePublished 22 months ago by Steven H. Propp
Typical Cato hatchet job. Start with the answer first: the government is always the problem. Then build "the case" from there. Read morePublished on May 28, 2011 by Anne e Nonomous
This book describes, in layman's terms, what the driving forces were behind the housing/financial crisis that kicked off in 2007. Read morePublished on May 27, 2011 by Hello
Norberg's book is an early attempt to explain the history behind the financial crisis of 2007 which has since then spread throughout the world. Read morePublished on March 12, 2011 by Antonis
Hank Paulsen lined up nine major banks at the table in alphabetical order --- from Bank of America to Wells Fargo. He told them they must take the taxpayer-provided funds. Read morePublished on November 10, 2010 by Susanna Hutcheson
For readers of similar books that chronicle the economic meltdown and the collapse of the investment banks, Norberg treads over some familiar ground. Read morePublished on July 22, 2010 by Kevin Walmsley