Authors: Simon Johnson, Erik Synnestvedt, James Kwak
ISBN-13: 9781400146840, ISBN-10: 1400146844
Format: Compact Disc
Publisher: Tantor Media, Inc.
Date Published: April 2010
Edition: Unabridged,Library - Unabridged CD
Simon Johnson is Ronald A. Kurtz Professor of Entrepreneurship at MIT’s Sloan School of Management and a senior fellow of the Peterson Institute for International Economics. He is coauthor, with James Kwak, of The Baseline Scenario, a leading economic blog, described by Paul Krugman as “a must-read” and by Bill Moyers as “one of the most informative news sites in the blogosphere.”
James Kwak has had a successful business career as a consultant for McKinsey & Company and as a software entrepreneur. He is currently a student at the Yale Law School.
Visit the authors' blog at baselinescenario.com.
Simon Johnson and James Kwak examine not only how Wall Street's ideology, wealth, and political power among policy makers in Washington led to the financial debacle of 2008 but also what the lessons learned portend for the future.
[Johnson and Kwak] tell this story in matter-of-fact prose. Even their discussion of derivatives is accessible to ordinary readers (most of the time)…a well-documented appeal to embrace once again Thomas Jefferson's skepticism of concentrated banking power.