After the Fall: Saving Capitalism from Wall Street-And Washington

( 6 )

Overview

Since the first rumblings of the economic crisis began in 2007, Americans have suffered four years of recession, stagnation, and fear. The culprit is not free markets, as many have claimed, but Washington policy. The problem is how politicians and regulators have treated the nation's "too big to fail" financial industry for nearly three decades.

As financial markets melted down in 2008, President George W. Bush made it clear that taxpayers stood behind large financial firms. ...

See more details below
Paperback
$13.24
BN.com price
(Save 21%)$16.95 List Price

Pick Up In Store

Reserve and pick up in 60 minutes at your local store

Other sellers (Paperback)
  • All (19) from $4.66   
  • New (12) from $5.10   
  • Used (7) from $4.66   
After the Fall: Saving Capitalism from Wall Street--and Washington

Available on NOOK devices and apps  
  • NOOK Devices
  • NOOK HD/HD+ Tablet
  • NOOK
  • NOOK Color
  • NOOK Tablet
  • Tablet/Phone
  • NOOK for Windows 8 Tablet
  • NOOK for iOS
  • NOOK for Android
  • NOOK Kids for iPad
  • PC/Mac
  • NOOK for Windows 8
  • NOOK for PC
  • NOOK for Mac
  • NOOK Study
  • NOOK for Web

Want a NOOK? Explore Now

NOOK Book (eBook)
$10.49
BN.com price
(Save 38%)$16.95 List Price

Overview

Since the first rumblings of the economic crisis began in 2007, Americans have suffered four years of recession, stagnation, and fear. The culprit is not free markets, as many have claimed, but Washington policy. The problem is how politicians and regulators have treated the nation's "too big to fail" financial industry for nearly three decades.

As financial markets melted down in 2008, President George W. Bush made it clear that taxpayers stood behind large financial firms. Months later, President Barack Obama pumped nearly $800 billion in "stimulus" into the economy. A year after that, the Federal Reserve under Ben Bernanke attempted another $600 billion rescue.

Yet the economy remains stalled. Americans can't pull themselves up by their bootstraps while Wall Street, operating under government protection, is pushing them down.

The trouble started with the nation's first modern bank bailout in the early 1980s. Subsequently, modern finance began to escape the rules that had successfully governed it, including the most important regulation of all: the marketplace. Free from market discipline, the financial industry came to pose an untenable risk to the economy-a risk that culminated in trillions of dollars' worth of government bailouts. These subsidies from the taxpayers have enabled large banks to lure young college graduates with salaries and bonuses that other industries can't offer. The financial industry is competing with the rest of the economy rather than supporting it.

Fixing this problem shouldn't be difficult. A history of the financial industry from the Great Depression to the present shows clearly what Washington must do. As Nicole Gelinas explains in this richly detailed book, adequate regulation of financial firms and markets-the kind achieved from the 1930s through the 1980s-is not a barrier to free-market capitalism, but a prerequisite.

Read More Show Less

Product Details

  • ISBN-13: 9781594035258
  • Publisher: Encounter Books
  • Publication date: 4/19/2011
  • Pages: 256
  • Product dimensions: 5.90 (w) x 8.90 (h) x 0.70 (d)

Meet the Author


Nicole Gelinas, a Chartered Financial Analyst (CFA) charterholder, is a Manhattan Institute senior fellow and contributing editor to City Journal. She lives in New York City.
Read More Show Less

Table of Contents


Preface
Introduction
Chapter 1 The Risk of Freedom
Chapter 2 The Blessing of the Free Markets
Chapter 3 Too Big to Fail
Chapter 4 Hollowed Out
Chapter 5 A Risk-Free World
Chapter 6 The Last Mileposts
Chapter 7 Safe as Houses
Chapter 8 Credit Crunch, Economic Calamity
Chapter 9 Destroying the System in Order to Save It
Chapter 10 Free Markets: Our Choice
Bibliography
Acknowledgments
Notes
Index
Read More Show Less

Customer Reviews

Average Rating 4.5
( 6 )
Rating Distribution

5 Star

(4)

4 Star

(0)

3 Star

(2)

2 Star

(0)

1 Star

(0)

Your Rating:

Your Name: Create a Pen Name or

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation

Reminder:

  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

 
Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously
Sort by: Showing all of 6 Customer Reviews
  • Anonymous

    Posted March 14, 2014

    Wooden toaster to writer

    Hey pebble....splash

    Was this review helpful? Yes  No   Report this review
  • Anonymous

    Posted March 11, 2014

    Silver

    Add a part where someone attacks the place and the heroine uses her magic.

    Was this review helpful? Yes  No   Report this review
  • Anonymous

    Posted March 10, 2014

    AL

    Coolieos!

    Was this review helpful? Yes  No   Report this review
  • Anonymous

    Posted March 10, 2014

    Beats

    Cool

    Was this review helpful? Yes  No   Report this review
  • Anonymous

    Posted March 13, 2013

    A

    Hi awosome

    Was this review helpful? Yes  No   Report this review
  • Anonymous

    Posted July 23, 2011

    No text was provided for this review.

Sort by: Showing all of 6 Customer Reviews

If you find inappropriate content, please report it to Barnes & Noble
Why is this product inappropriate?
Comments (optional)