| This current Global Economic calamity could have | | | | The New York Times Book review stated; |
| been prevented, well this is what many believe | | | | "Robert J. Barbera places the blame for this |
| and among them is a writer of the most recent | | | | abject failure in economic forecasting and |
| economic book to hit the scene in 2009. The | | | | government policy on a misguided confidence in |
| book is called: | | | | the infallibility of free markets." |
| "The Cost of Capitalism: Understanding Market | | | | The author is fairly tough on the FED chairmen |
| Mayhem and Stabilizing Our Economic Future" by | | | | Bernanke and also Greenspan. Following the |
| Robert J. Barbera; McGraw-Hill Business Book | | | | author's logic to fix this current problem, might |
| Publishers (2009). | | | | include doing less than more once the banking |
| This book comes from a rather interesting place, | | | | system is set to equilibrium. Although, I personally |
| as Robert Barbera is a left leaning Wall Street | | | | completely disagree with the writer's personal |
| Economist type. He claims not to be an | | | | political views, he makes a strong argument and |
| anti-capitalist type, yet blasts capitalism at is | | | | backs it up with a number of rather indisputable |
| practiced in the real world. He is a good | | | | facts. |
| cross-section of a Wall Streeter Liberal Ivy | | | | I'd recommend this book to anyone who is of the |
| League Economist, as if you can put all those | | | | opposite viewpoint and wants another argument |
| titles together. Perhaps, this is why his | | | | or challenge on the cause of the current |
| perspective is so unique and why I believe you will | | | | economic crisis or anyone wishing to validate their |
| enjoy both his comments and his arguments in | | | | left-leaning thoughts on modern day economics. |
| the book. | | | | |