Comment

Sep 05, 2011xeron rated this title 5 out of 5 stars
Easy read of the history of economic crises and the failure of establishment economists to foresee the seemingly obvious. The author points out the failure of establishment economists to predict crisis is rooted in their assumptions about "free markets". The author was awarded a nobel prize in economics. Precedes the also excellent book by Nouriel Roubini appropriately titled - Crisis Economics. Watch out Milton Friedman. It looks like you are toast.