How the Economy Was Lost: The War of the Worlds [NOOK Book]


An outline of how the economy works by an insider-turned-outsider. Roberts breaks down how our recent recession came about, how deep it will get, and how we can avoid one in the future.
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How the Economy Was Lost: The War of the Worlds

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An outline of how the economy works by an insider-turned-outsider. Roberts breaks down how our recent recession came about, how deep it will get, and how we can avoid one in the future.
Read More Show Less

Product Details

  • ISBN-13: 9781849350969
  • Publisher: AK Press
  • Publication date: 3/1/2010
  • Series: Counterpunch
  • Sold by: Barnes & Noble
  • Format: eBook
  • Pages: 288
  • File size: 4 MB

Meet the Author

Paul Craig Roberts is a former editor and columnist for both the Wall Street Journal and Business Week. He worked as the Assistant Secretary to the Treasury under the Reagan administration, but has since disavowed both the Republicans and Democrats. He is author of a number of books including the Tyranny of Good Intentions.
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Table of Contents

Pt. 1 The Lost Economy

1 The Return of the Robber Barons 1

2 Alan Greenspan and the Economy of Greed 7

3 Outsourcing the American Economy 11

4 The New Face of Class War 15

5 Empire on the Brink: How Free Market Zealots Brought Disaster to America 29

6 The Bitter Fruits of Deregulation 31

7 Economic Treason: What Kind of Country Destroys the Job Market for Its Own Citizens? 37

8 How Inflation Works (Or Why I Can't Buy an old Ferrari) 39

9 When Greed is Rewarded: Government of Thieves 43

10 A Nation of Waitresses and Bartenders 47

11 Their Own Economic Reality (Or Why Even Jobs at McDonald's Aren't Safe) 51

12 The Job Arbitragers 55

13 No Jobs in the New (or Old) Economy 59

14 The Great American Job Sellout 63

15 Economists in Denial 67

16 How the Economic News is Spun 79

17 The Shortage Myth 83

18 Shrinking the Dollar from the Inside-Out 87

19 The Truth About High Oil Prices 93

20 What Uncle Sam Has to Tell Its Creditors 97

21 America's Third World Service Economy 101

22 China is Not the Problem: Offshoring and Free Market Ideology 103

23 The World Tires of Rule by Dollar 107

24 Supermodel Spurns the Dollar 111

25 Farewell to Old Economic Nostrums: They Can't Save Us Now 115

26 War Abroad, Poverty at Home 119

27 It's a Clear Day and You Can't See GM 121

28 Why the Paulson Plan Was a Fraud 125

29 A Futile Bailout 127

30 Which is Worse: Regulation or Deregulation? 133

31 Deficit Nonchalance 137

31 Is It Time to Bailout of America? 143

33 Was the Bailout a Scam? 147

34 President of Special Interests 151

35 Driving Over the Cliff With the Washington Morons 157

36 When Things Fall Apart163

37 How the Economy Was Lost 165

38 The Economy Is a Lie Too 173

39 As the Dollar Sinks - A Perfect Storm 177

40 What Economy? 181

41 The Expiring Economy 185

42 Marx and Lenin Reconsidered 189

43 The Rich Have Stolen the Economy 193

44 Are You Ready for the Next Crisis? 197

45 My "Epiphany" 201

46 Deficits and Deregulation 209

47 The Health Care Deceit 215

Pt. 2 War Of The Worlds

48 Where Economics (Mainly) Succeeds 223

49 Where Economics Fails: The Problem of Free Trade 233

50 Is Offshoring Trade? 237

51 Economics for a Full World 243

52 How Real Estate Developers Gel Rich By Imposing Costs on Others 249

53 The Need for Planning 253

Index 257

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