Non-Fiction Books:

Age of Greed

The Triumph of Finance and the Decline of America, 1970 to the Present
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Description

In Age of Greed, economic journalist Jeff Madrick shows how the single-minded and selfish pursuit of immense personal wealth has been on the rise in the United States over the last forty years, led by a few individuals who have argued that self-interest guides society more effectively than community concerns. Madrick tells this story through incisive profiles of dozens of individuals, from the architects of this economic philosophy (such as Milton Friedman and Alan Greenspan) to the politicians and businessmen (including Nixon, Reagan, Boesky, and Soros) who put it into practice. Their stories detail how a movement initially conceived as a moral battle for freedom instead led to some of our nation's most pressing economic problems. Because of their support and celebration of unfettered aquisitiveness, we live today in a time of intense economic inequity and instability. This is the major economic story of our time, and Jeff Madrick tells it with style, clarity, and an unerring command of his subject. A vivid history of the economics of greed told through the stories of those major figures primarily responsible. Age of Greed shows how the single-minded and selfish pursuit of immense personal wealth has been on the rise in the United States over the last forty years. Economic journalist Jeff Madrick tells this story through incisive profiles of the individuals responsible for this dramatic shift in our country's fortunes, from the architects of the free-market economic philosophy (such as Milton Friedman and Alan Greenspan) to the politicians and businessmen (including Nixon, Reagan, Boesky, and Soros) who put it into practice. Their stories detail how a movement initially conceived as a moral battle for freedom instead brought about some of our nation's most pressing economic problems, including the intense economic inequity and instability America suffers from today. This is an indispensible guide to understanding the 1 percent.

Author Biography:

Jeff Madrick is a regular contributor to The New York Review of Books, a former economics columnist for The New York Times, and editor of Challenge magazine. He is an adjunct professor of humanities at The Cooper Union, and senior fellow at the Roosevelt Institute and at the Schwartz Center for Economic Policy Analysis, The New School. His previous books include The End of Affluence and Taking America, and he has written for The Washington Post, the Los Angeles Times, Institutional Investor, The Nation, and The American Prospect.
Release date Australia
June 12th, 2012
Author
Audience
  • General (US: Trade)
Illustrations
29 PHOTOS IN TEXT
Pages
480
Dimensions
132x203x33
ISBN-13
9781400075669
Product ID
18627170

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