The Financial Crisis and the Free Market Cure: Why Pure Capitalism is the World Economy's Only Hope

WHAT HAVE WE LEARNED FROM THE FINANCIAL CRISIS?NOTHING. The informative bestseller that shows us where our economy went wrong―and what we can do about it―with a timely new introduction. One of the most important books to emerge from the 2008 economic crisis, this powerful wake-up call from financial expert John Allison has become a classic in the field. Now, in light of emerging global trends and shakeups in the stock market, the book’s message is more timely than ever: The government should stop trying to fix our economy. The free market is our best and only hope. In this eye-opening book, Allison reveals: •How the Federal Reserve has even more power than before the Great Recession―and why this is a problem. •How Wall Street has been wrongly blamed for our slow economic recovery―and why it’s Washington’s fault. •How government regulations like Dodd Frank have burdened banks―and stifled growth. •How socialized medicine and entitlements drive up costs―and how government policies exacerbate unemployment and income inequality. •Why free market capitalism offers a proven cure for our economy―and how to make it work for all Americans.