Free fall

The Keys to Understanding the New Economy That Will Emerge From the Crisis.

The Great Recession has affected more people than any other crisis since the Great Depression. In the United States, deficient public policies and widespread unscrupulousness have fostered the current financial disaster, the contagion of which to the rest of the planet has been devastating.

Who better than Joseph Stiglitz to diagnose such a complex situation in such an accessible way. His considerations about the new role that governments and markets should assume, the urgent need for regulation, and the different way in which globalization should be managed have a special weight in the battle of ideas that will shape the "new world" destined to emerge from this crisis.

Freefall gives a voice to all those people who indignantly watched how Wall Street destroyed homes and jobs; how governments were unable to stop the crisis and took no more steps than strictly necessary; how bankers contradicted themselves by asking the State to bail them out while at the same time opposing regulation less prone to future crises. Stiglitz offers alternatives to achieve a prosperous economy and a moral society for the future.

Critics have said...
"Stiglitz is perhaps the closest thing we have to John Maynard Keynes, both in his theoretical perspective and in his compelling critiques of those who dictate economic policies. In Freefall, he applies his formidable mind to analyzing how erroneous theories and misguided policies brought us the worst crash since the Great Depression."
BusinessWeek

"An energetic attack on Wall Street, the free market and the Washington consensus."
The Times

"Freefall is essential reading for anyone seeking to understand the roots of the financial crisis."
Boston Globe