Idonomics: How the Pleasure Principle is Destroying the American Dream

What is behind the economic cycle that resulted in the excesses of the late twentieth century and the Great Recession of the twenty-first century? Is it simply part of the ebb and flow of the worldwide economy? Or is it just human nature to fall victim to endless cycles of boom and bust? Certainly there have been periods throughout human history when economies have risen and fallen, and when human greed and risk-taking has resulted in great catastrophes. But is this period somehow different...