New York : W.W. Norton & Co., c2010.
xxx, 361 p. ; 25 cm.
Includes bibliographical references (p. -361).
Nobel Laureate Joseph E. Stiglitz explains how America exported bad economics, bad policies, and bad behavior to the rest of the world, only to cobble together a haphazard and ineffective response when the markets finally seized up. Stiglitz then outlines a way to restore the balance between markets and government, address the inequalities of the global financial system, and demand more good ideas (and less ideology) from economists.
The making of a crisis -- Freefall and its aftermath -- A flawed response -- The mortgage scam -- The Great American Robbery -- Avarice triumps over prudence -- A new capitalist order -- From global recovery to global prosperity -- Reforming economics -- Toward a new society.