The Gods that Failed

How Blind Faith in Markets Has Cost Us Our Future

Business & Finance, Economics, Economic History
Cover of the book The Gods that Failed by Larry Eliott, Dan Atkinson, PublicAffairs
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Author: Larry Eliott, Dan Atkinson ISBN: 9780786744145
Publisher: PublicAffairs Publication: February 3, 2009
Imprint: Bold Type Books Language: English
Author: Larry Eliott, Dan Atkinson
ISBN: 9780786744145
Publisher: PublicAffairs
Publication: February 3, 2009
Imprint: Bold Type Books
Language: English

Over the past three decades, governments have ceded economic control to a new elite of free-market operatives and their colleagues in national and international institutions like the IMF, the World Bank, and the World Trade Organization. They promised economic stability but have delivered chaos. Their speculation has left the global economy more vulnerable to a financial collapse than any time since 1929.

Two leading financial journalists dissect this financial elite, tracing their origins to a secretive gathering of free-market economists in 1947, and propose a series of far-reaching reforms that can save us from a new depression.

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Over the past three decades, governments have ceded economic control to a new elite of free-market operatives and their colleagues in national and international institutions like the IMF, the World Bank, and the World Trade Organization. They promised economic stability but have delivered chaos. Their speculation has left the global economy more vulnerable to a financial collapse than any time since 1929.

Two leading financial journalists dissect this financial elite, tracing their origins to a secretive gathering of free-market economists in 1947, and propose a series of far-reaching reforms that can save us from a new depression.

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