A Failure Of Capitalism by Richard A. Posner
The Crisis of '08 and the Descent into Depression
This insightful analysis delves into the causes and consequences of the 2008 financial crisis, arguing that the meltdown was not merely a result of isolated mistakes or regulatory failures, but rather a systemic failure of capitalism itself. The book critiques the prevailing economic theories and the laissez-faire approach that dominated policy-making, suggesting that the crisis was exacerbated by a lack of adequate regulation and oversight. It calls for a reevaluation of economic policies and a more balanced approach to market regulation to prevent future financial disasters.
- Published
- 2009
- Nationality
- American
- Length
- Moderate
- Pages
- 368
- Original Language
- English
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- Alternate Titles
- None
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