Summary of The Trouble with Markets
Saving Capitalism from Itself
The financial markets are broken. Here’s an insider’s recipe for fixing them.
You could call Roger Bootle a self-hating economist. In this trenchant study, he takes ruthless aim at fellow economists and financial professionals for allowing the financial markets to run amok. Despite his status as a City of London insider, Bootle mauls bankers for collecting overly rich paychecks and bashes investment advisers for their general cluelessness. While Bootle isn’t the only observer to arrive at the conclusion that the markets are broken and that free-market ideology is wrong, his sophisticated understanding of finance makes his arguments especially astute. getAbstract recommends this intriguing book to investors and policy makers seeking a thoughtful prescription for Wall Street and the City.
In this summary, you will learn
- How the financial markets failed
- Why deflation is a greater threat than inflation
- How to get rich slowly
- How to reform the markets
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By the same author
Nicholas Brealey Publishing, 2004
Contained in Knowledge Pack:
Knowledge PackDeflationIf you think inflation is the worst thing that can happen, think again. Here's why.
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