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The Roaring Nineties: Why We're Paying the Price for the Greediest Decade in History (Paperback)
Short Description for The Roaring NinetiesOffers an analysis of the boom and bust of the 1990s - how and why it happened, how the seeds of destruction were sown in the midst of apparent prosperity, and how America and the world are failing to learn the lessons from what went wrong. This title shows why greed is not good and how if left unchecked it leads to deceptions and distortions.
Full description- Publisher: Penguin Books Ltd
- Published: 03 June 2004
- Format: Paperback 432 pages
- See: Full bibliographic data
- Categories: Economics | Economic Systems & Structures | Economic History
- ISBN 13: 9780141014319 ISBN 10: 0141014318
- Sales rank: 682,447
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Full description for The Roaring Nineties
From the Nobel Prize-winning author of "Globalization and Its Discontents" comes a coruscating analysis of the boom and bust of the 1990s - how and why it happened, how the seeds of destruction were sown in the midst of apparent prosperity, and how America and the world are still failing to learn the lessons from what went wrong. "The Roaring Nineties" is in part the story of how the corrupt and greedy got their comeuppance. But Stiglitz also develops a convincing alternative to the free-market mantra. He shows why greed is not good and how if left unchecked it leads to deceptions, distortions and disasters. He argues that achieving the right balance between government and the market is the best way towards sustained growth and efficiency, and that both companies and economies must to some extent be regulated by trust and consideration for others. This isn't just good morality - it's good economics too.
