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Synopsis: Discover how the global financial plague is poised to return, and what can be done to stop it
This is not your father's financial system. Jimmy Stewart, the trustworthy, honest banker in the movie, It's a Wonderful Life, is dead.?And so is his small-town bank, Bailey Savings & Loan. Instead, we're watching It's a Horrible Mess with Wall Street (aka the Vegas Strip) playing ever larger craps with our economy and our tax dollars.
This book, written by one of the world's most respected economist, describes in lively, humorous, simple, but also deadly serious terms the big con underlying the big game?the web of interconnected financial, political, and regulatory malfeasance that culminated in financial meltdown and brought us to our economic knees. But it also proposes an amazingly simply solution?Limited Purpose Banking to make Wall Street safe for Main Street.
Jimmy Stewart Is Dead will fundamentally change the way you think about the economy, financial markets, and the government.
From the Back Cover: Praise for Jimmy Stewart Is Dead
"Kotlikoff grabs us by the collar, brilliantly unveiling the truth about our financial system. With scintillating arguments, vivid examples, and terrific wit, he offers a powerful reform that stops banks from gambling and restricts them to their legitimate purpose, 'connecting borrowers to lenders and savers to investors.' This is economics at its very best: deeply insightful and powerfully useful. It will change the global debate."
?JEFFREY SACHS, Director of The Earth Institute, Quetelet Professor of Development and Health Policy, Columbia University
"Financial reform needs something simple, clear, and, most of all, effective. Read this book to get and understand the answer."
?GEORGE SHULTZ, Distinguished Fellow, the Hoover Institution, former U.S. Secretary of the Treasury, and former U.S. Secretary of State
"At last! A real financial page-turner. Kotlikoff calls out the bad actors behind the financial crisis and nails them cold. But he also tells us how to prevent it from happening again. It's called Limited Purpose Banking. Anyone can read this book?and everyone should."
?SCOTT BURNS, Financial Columnist, Universal Press Syndicate
"Jimmy Stewart Is Dead is a page-turner, as fast-paced as The Simpsons, with new insights on every page. As fun as it is, Jimmy Stewart is also deadly serious. It describes our deep financial problems and offers an amazingly simple financial fix to prevent an even worse crash. Everyone should read this book."
?GEORGE AKERLOF, Koshland Professor of Economics, University of California at Berkeley, Nobel laureate in Economics
"Kotlikoff's book makes an impassioned, coherent, and convincing case for Limited Purpose Banking."
?ROBERT E. LUCAS, Jr., John Dewey Distinguished Professor of Economics, University of Chicago, Nobel laureate in Economics
"This book is 'must' reading for everyone who cares about the future of the American economy."
?ROBERT W. FOGEL, Walgreen Distinguished Service Professor, University of Chicago, Nobel laureate in Economics
"Kotlikoff is right. Unless we institute fundamental reforms, there will be an even greater crisis. This well-written book is a must-read for those concerned with reforming the financial system."
?EDWARD C. PRESCOTT, W. P. Carey Chair in Economics, Arizona State University, Nobel laureate in Economics
"Certainly we need to abandon today's hazardous financial system. Kotlikoff's Limited Purpose Banking plan is one of the best visions to surface so far."
?EDMUND PHELPS, McVickar Professor of Political Economy, Columbia University, Nobel laureate in Economics
SEE INSIDE ENDORSEMENTS BY Jagdish Bhagwati, Michael Boskin, Bill Bradley, Niall Ferguson, Kevin Hassett, Simon Johnson, William Niskanen, William Owens, Rudy Penner, Robert Reich, Kenneth Rogoff, Paul Romer, Steve Ross, Eytan Sheshinski, Murray Weidenbaum, Susan Woodward, and other prominent economists and policymakers.
Title: Jimmy Stewart Is Dead: Ending the World's ...
Book Condition: New
Book Description John Wiley & Sons 26/02/2010, 2010. Book Condition: used-good. GREAT BOOK IN GOOD OR BETTER CONDITION, NORMALLY SENT SAME DAY FROM WAREHOUSE. Bookseller Inventory # 9053-9780470581551
Book Description John Wiley and Sons, 2010. Hardcover. Book Condition: Used; Good. Bookseller Inventory # 1892854
Book Description Wiley, 2010. Book Condition: Good. 1st Edition. N/A. Former Library book. Shows some signs of wear, and may have some markings on the inside. Bookseller Inventory # GRP62297299
Book Description Wiley, 2010. Book Condition: Good. 1st Edition. N/A. Shows some signs of wear, and may have some markings on the inside. Bookseller Inventory # GRP15985618
Book Description Wiley, 2010. Book Condition: Very Good. 1st Edition. N/A. Ships from Reno, NV. Former Library book. Great condition for a used book! Minimal wear. Bookseller Inventory # GRP92245780
Book Description Wiley. Hardcover. Book Condition: VERY GOOD. Very Good copy, cover and pages show some wear from reading and storage. Binding may have light creases. Lots of life left in these pages. Bookseller Inventory # 2624447074
Book Description Wiley. Hardcover. Book Condition: Fair. Ex-Library Book - will contain Library Markings. Bookseller Inventory # G0470581557I5N10
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Book Description Wiley. Hardcover. Book Condition: As New. Nearly new condition book. Bookseller Inventory # G0470581557I2N00
Book Description Wiley. Hardcover. Book Condition: Very Good. Ex-Library Book - will contain Library Markings. This copy shows very minor wear. Bookseller Inventory # G0470581557I4N10