Bad Money: The Inexcusable Failure of American Finance: An Update to Bad Money (A Penguin Group eSpecial from Penguin Books) - Softcover

Phillips, Kevin

Softcover

ISBN 10: 0143114808 ISBN 13: 9780143114802

Publisher: Penguin, 2009

Synopsis

In his acclaimed book American Theocracy, Kevin Phillips warned of the perilous interaction of debt, financial recklessness, and the spiking cost (and growing scarcity) of oil - warnings that are proving to be frighteningly accurate. Now, in his most significant and timely book yet, Phillips takes the full measure of this crisis. They are part of what he calls "bad money" - not just the depreciated dollar, but also the dangerous attitudes and the flawed products of wayward mega-finance. His devastating conclusion: In its hubris, the financial sector has hijacked the American economy and put our very global future at risk - and it may be too late to stop it.

About this title

Review:

"A harrowing picture of national danger that no American reader will welcome, but that none should ignore. . . . Frighteningly persuasive."
-Alan Brinkley, The New York Times

"An indispensable presentation of the case against things as they are."
-Time

"Sobering . . . positively alarming."
-Los Angeles Times

About the Author:

Kevin Phillips, a political and economic commentator for more than three decades and a former White House strategist, is the author of ten books. He lives in Goshen, Connecticut.

About this edition

• Publisher: Penguin
• Publication date: 2009
• ISBN 10: 0143114808
• ISBN 13: 9780143114802
• Binding: Paperback
• Number of pages: 256