Wednesday, June 16, 2010

The Gods that Failed: How Blind Faith in Markets Has Cost Us Our Future

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Authors: Larry Eliott, Dan Atkinson
Publisher: Nation Books 2009-02-02
ISBN: 1568586027 PDF 304 pages


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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