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.
This short book does a good job of summarizing how the recent/current financial problem were created and correctly spreads the blame to all parties involved.
Very well written - had a prosaic style, was disconnected at points however, hence the four rather than five star rating. Read morePublished 12 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 13 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 on February 25, 2013 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 on November 15, 2012 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
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
In a rather short work, Norberg clearly conveys what happened, who contributed to the debacle and why the conventional interpretation is off the mark. Read morePublished on June 30, 2010 by Eric