In this summary you will learn
- How finance became the most important sector of the U.S. economy
- How oil and debt combine to threaten America’s position in the world
- Why America’s political parties are ill-equipped to meet the challenges that confront them
|
Why you should read Bad Money
|
| Many readers already admire Kevin Phillips’s previous books, with their incisive analysis of U.S. politics. In this treatise, published just before the 2008 presidential election, his main concerns are the dangerous dominance of the financial sector in the U.S. economy and the fiscal implications of peak oil. Phillips covers many other hazards, from securitization to the real estate bubble. He provides historical background to explain modern financial circumstances, whacks both the Bush and Clinton administrations, and offers his take on everything from imperial England to the efficient market hypothesis. After he explains how and why the U.S. is teetering dangerously on the brink of disaster, getAbstract is relieved to report that Phillips also offers some ideas about how it might rescue itself by going back to strong manufacturing, solid education and better regulations. This seems to be a fairly hasty overview of bad times, but the author can see beyond the immediate storm to the possibility of a brighter day. |
About the Author
|
|
Kevin Phillips has been a political and economic commentator for more than three decades. A former White House strategist, he has been a regular contributor to The Los Angeles Times and National Public Radio. He has written for Harper’s and TIME, and is the author of 10 books.
|
| Overall |
 |
 (8) |
| Applicability |
|
 (7) |
| Innovation |
|
(7) |
| Style |
|
(8) |
Level of Expertise
(what is this?)
|
| Level |
|
 (4) |
Buy the Book |
| Click here to buy the book "Bad Money". If you wish to purchase 20 or more copies of the same title (not the summary, but the "real" book), please contact us at bulkorders@getAbstract.com. Make sure you include the title of the book and your phone number. |
getAbstract makes it easy for you to access the summary of Bad Money any time or any place. Once registered, you can choose from a variety of download formats: PDF for your computer, BlackBerry, iPhone, Kindle, PDA or other handheld devices. You can even obtain the audio version of many of our summaries.
Subscribe today to gain access to this summary as well as many other compelling titles! |
|
