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This acclaimed and inspiring book, by one of the world's leading economic thinkers, dissects the flawed ideas the led to the crisis, but also looks to the future. Drawing on his years spent shaping policy at the World Bank, Nobel Laureate Joseph Stiglitz shows why far more radical reforms are needed to avoid future crises.

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About the Author:
Winner of the 2001 Nobel Memorial Prize for Economics, Joseph E. Stiglitz is the best-selling author of Making Globalization Work; Globalization and Its Discontents; and, with Linda Bilmes, The Three Trillion Dollar War. He was chairman of President Clinton's Council of Economic Advisers and served as senior vice president and chief economist at the World Bank. He teaches at Columbia University and lives in New York City.
From AudioFile:
The financial crisis has spawned a raft of audiobooks, but few are as lucid, constructive, and fair-minded as this one. A Nobel laureate and former chief economist at the World Bank, Stiglitz is a remarkably clear thinker and writer. While his liberal views won't be shared by every listener, he's equally critical of both the Obama and Bush administrations' handling of the debacle. Dick Hill's narration is spot- on: perfectly paced, warm, and comfortable with the material. (Unlike many people, he pronounces "Keynes" correctly.) Hill mirrors the author's conversational style, his exasperation and humor, and even his moralizing tone as Stiglitz lays out his suggestions for how America must respond to the sins of the financial industry. D.B. Winner of AudioFile Earphones Award © AudioFile 2010, Portland, Maine

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  • PublisherPenguin Group
  • Publication date2010
  • ISBN 10 0141045124
  • ISBN 13 9780141045122
  • BindingPaperback
  • Number of pages443
  • Rating

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Other Popular Editions of the Same Title

9780393338959: Freefall: America, Free Markets, and the Sinking of the World Economy

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ISBN 10:  0393338959 ISBN 13:  9780393338959
Publisher: W. W. Norton & Company, 2010
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  • 9780393075960: Freefall: America, Free Markets, and the Sinking of the World Economy

    W. W. ..., 2010
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  • 9781846142796: Freefall: Free Markets and the Sinking of the Global Economy

    Allen ..., 2010
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  • 9781846143212: Freefall: Free Markets and the Sinking of the Global Economy

    Viking..., 2010
    Softcover

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Book Description Paperback. Condition: new. Paperback. Nobel Prize winner Joseph Stiglitz explains the financial crisis - and the coming global economic orderThis devastating and inspiring book, by one of the world's leading economic thinkers, lays out not only the course of the financial crisis which began in 2007, but its underlying causes, and shows why much more radical reforms are needed than are currently being contemplated if we are to avoid similar 'systemic' crises in the future. It shows why the bailout has been only marginally effective and how it could have been much more so, and outlines the enormous opportunity - not yet taken - to design a new global financial architecture. It is highly critical of many of the actions not only of George Bush's administration, but also of Barack Obama's. It shows why the bulk of the cost of recovery should be borne by those in the financial sector - not just for reasons of natural justice, but for compelling economic reasons also. More than any of this, it reminds readers to think constantly about what economies are for, and the human purposes they serve.Freefall is an instant classic, combining an enthralling whodunit account of the current crisis with a bracing discussion of the broader economic issues at stake. When world economy went into freefall, so too did our unquestioning faith in markets. But what happens now? Are bailouts and stern lectures enough, or do we need a rethink of our entire financial system? This book shows why far radical reforms are needed to avoid future crises, and how we now have opportunity to create a new global economic order. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9780141045122

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Book Description Condition: New. 2010. Paperback. When world economy went into freefall, so too did our unquestioning faith in markets. But what happens now? Are bailouts and stern lectures enough, or do we need a rethink of our entire financial system? This book shows why far radical reforms are needed to avoid future crises, and how we now have opportunity to create a new global economic order. Num Pages: 480 pages. BIC Classification: KCL; KCX. Category: (P) Professional & Vocational; (U) Tertiary Education (US: College). Dimension: 130 x 197 x 30. Weight in Grams: 352. . . . . . Seller Inventory # V9780141045122

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Book Description Condition: New. 2010. Paperback. When world economy went into freefall, so too did our unquestioning faith in markets. But what happens now? Are bailouts and stern lectures enough, or do we need a rethink of our entire financial system? This book shows why far radical reforms are needed to avoid future crises, and how we now have opportunity to create a new global economic order. Num Pages: 480 pages. BIC Classification: KCL; KCX. Category: (P) Professional & Vocational; (U) Tertiary Education (US: College). Dimension: 130 x 197 x 30. Weight in Grams: 352. . . . . . Books ship from the US and Ireland. Seller Inventory # V9780141045122

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Book Description Taschenbuch. Condition: Neu. Neuware - Out of the crisis of our times, Joseph Stiglitz's Freefall: Free Markets and the Sinking of the Global Economy is a convincing, coherent and humane account that goes to the heart of how we run our societies. When the world economy went into freefall, so too did our unquestioning faith in markets. But what happens now Are bailouts and stern lectures enough, or do we need a rethink of our entire financial system This acclaimed and inspiring book, by one of the world's leading economic thinkers, dissects the flawed ideas that led to the credit crunch, but also looks to the future. Drawing on his years spent shaping policy at the World Bank, Nobel Laureate Joseph Stiglitz shows why far more radical reforms are needed to avoid future crises, why the cost of recovery should be borne by the financial sector, and how we now have the opportunity to create a new global economic order. 'Bang on the money . unafraid to ask tough questions . we need more of his ilk' Will Hutton, Observer 'A brilliant analysis . always enthralling' Martin Jacomb, Spectator Business 'A powerful new book' Devin Leonard, The New York Times 'A seer of almost Keynesian proportions . this is Joe Stiglitz's victory lap' Michael Hirsh, Newsweek Joseph Stiglitz was Chief Economist at the World Bank until January 2000. He is currently University Professor of the Columbia Business School and Chair of the Management Board and Director of Graduate Summer Programs, Brooks World Poverty Institute, University of Manchester. He won the Nobel Prize for Economics in 2001 and is the author of the best-selling Globalization and Its Discontents, Making Globalization Work, The Roaring Nineties and The Price of Inequality, all published by Penguin. Seller Inventory # 9780141045122

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Book Description Paperback. Condition: new. Paperback. Nobel Prize winner Joseph Stiglitz explains the financial crisis - and the coming global economic orderThis devastating and inspiring book, by one of the world's leading economic thinkers, lays out not only the course of the financial crisis which began in 2007, but its underlying causes, and shows why much more radical reforms are needed than are currently being contemplated if we are to avoid similar 'systemic' crises in the future. It shows why the bailout has been only marginally effective and how it could have been much more so, and outlines the enormous opportunity - not yet taken - to design a new global financial architecture. It is highly critical of many of the actions not only of George Bush's administration, but also of Barack Obama's. It shows why the bulk of the cost of recovery should be borne by those in the financial sector - not just for reasons of natural justice, but for compelling economic reasons also. More than any of this, it reminds readers to think constantly about what economies are for, and the human purposes they serve.Freefall is an instant classic, combining an enthralling whodunit account of the current crisis with a bracing discussion of the broader economic issues at stake. When world economy went into freefall, so too did our unquestioning faith in markets. But what happens now? Are bailouts and stern lectures enough, or do we need a rethink of our entire financial system? This book shows why far radical reforms are needed to avoid future crises, and how we now have opportunity to create a new global economic order. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability. Seller Inventory # 9780141045122

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