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The Financial Crisis and the Free Market Cure: Why Pure Capitalism is the World Economy's Only Hope
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About The Financial Crisis And The Free Market Cure: Why
Product Description WHAT HAVE WE LEARNED FROM THE FINANCIAL CRISIS?NOTHING.The informative bestseller that shows us where our economy went wrong―and what we can do about it―with a timely new introduction.One of the most important books to emerge from the 2008 economic crisis, this powerful wake-up call from financial expert John Allison has become a classic in the field. Now, in light of emerging global trends and shakeups in the stock market, the book’s message is more timely than ever: The government should stop trying to fix our economy. The free market is our best and only hope. In this eye-opening book, Allison reveals:•How the Federal Reserve has even more power than before the Great Recession―and why this is a problem.•How Wall Street has been wrongly blamed for our slow economic recovery―and why it’s Washington’s fault.•How government regulations like Dodd Frank have burdened banks―and stifled growth.•How socialized medicine and entitlements drive up costs―and how government policies exacerbate unemployment and income inequality.•Why free market capitalism offers a proven cure for our economy―and how to make it work for all Americans. From the Publisher John Allison is the retired President and CEO of the Cato Institute and retired Chairman and CEO of BB&T. He was named one of the decade’s most successful CEOs by the Harvard Business Review. From the Back Cover "The Financial Crisis and the Free Market Cure is a sophisticated yet accessible analysis of the causes and solutions to America's financial meltdown."―Ed Crane, President Emeritus of the Cato Institute"An indispensable contribution to the debate about the future of the American economy."―Arthur Brooks, President, American Enterprise Institute"No one is better equipped to understand what is going on today and the causes of the financial crisis. Please pay attention to what he says here."―Bernie Marcus, Chairman, The Marcus Foundation, and cofounder, Home Depot"Allison explains the unintended consequences of government policies and their impact on the financial crisis . . . and recommends practical steps to improve the economy and individual liberty."―James M. Kilts, former Chairman and CEO, Gillette Company"[This is] the best, deepest explanation of what caused the crisis and the consequences of our government's response to it."―Yaron Brook, Chairman, Ayn Rand Institute"John Allison is superb with his comprehensive and thought-provoking explanation for our current economic crisis and a clear and compelling path to a brighter future."―Steve Reinemund, former Dean, Wake Forest University Schools of Business, and retired Chairman and CEO, PepsiCo About the Author John Allison is the retired President and CEO of the Cato Institute and retired Chairman and CEO of BB&T. He was named one of the decade’s most successful CEOs by the Harvard Business Review.
