Bad Money

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A01=Kevin Phillips
american
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Author_Kevin Phillips
biographies
business
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capital
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Category=KCX
corruption
credit crisis
crony capitalism
debt
economic history
economics
economics books
economy
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eq_business-finance-law
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eq_non-fiction
federal reserve
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financialization
geopolitics
globalism
government
great recession
history
history books
money
political books
political philosophy
political science
politics
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United States
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Product details

  • ISBN 9780143114802
  • Weight: 299g
  • Dimensions: 138 x 216mm
  • Publication Date: 31 Mar 2009
  • Publisher: Penguin Books Ltd
  • Publication City/Country: GB
  • Product Form: Paperback
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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.
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.

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