Endless money : the moral hazards of socialism / William W. Baker.

Format:

Book

Author/Creator:

Baker, William W., C.F.A.

Language:

English

Subjects (All):

Monetary policy.

Banks and banking.

Physical Description:

1 online resource (444 p.)

Edition:

1st ed.

Place of Publication:

Hoboken, NJ : Wiley, 2010.

Language Note:

English

Summary:

A detailed look at how, and why, the American financial system has reached its current state Today's economy and capital markets are faced with the long-term buildup of public and private credit. Furthermore, we face higher taxes, greater spending, and more debt. We are now at a critical crossroads and our leaders have few realistic solutions. Proposals calling for tax reforms or fewer regulations have fallen on deaf ears. In fact, U.S. democracy has become more socialist and reform is needed immediately. Endless Money is an examination of how the U.S. government and the country

Contents:

Unknown unknowns

Wings of wax

The rise and fall of hard money

Flat-earth economics

Spitting into the wind

Moral hazard

The rich are different from you and me

Sharecroppers

The heart of the financial system

A return to malaise

Democracy : the Achilles' heel of capitalism?

From the golden era to totalitarianism

Other perspectives

Bending to the modern world

Self-indulgence

The new commandments

Elephants in the room

The elephant killer : gold

America invicta.

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

Description based on print version record.

ISBN:

9786612306006

9780470558003

0470558008

9781282306004

1282306006

9780470557945

047055794X

OCLC:

488780018