Bad Money: Reckless Finance, Failed Politics, and the Global Crisis of American Capitalism by Kevin Phillips
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Book Summary Author: Kevin Phillips Edition: Hardcover Audio: English (Original Language); English (Unknown); English (Published) Published: 2008-04-15 ISBN: 0670019070 Number of pages: 256 Publisher: Viking Adult |
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Book Reviews of the Bad Money: Reckless Finance, Failed Politics, and the Global Crisis of American Capitalism
Customer Review: Disappointed
Summary: 2 Stars
The reason you would want to read a book like this is if they can go into more details or background that the newspapers don't get into but this book doesn't do it. It's like a group of newspaper articles strung together seemingly to take advantage of the attention on the credit crisis. If you keep up with the news it's just rehash but it's harder to read. It constantly uses quotes and references which simply refer to other articles but don't really flesh out details. The chapter on CPI takes a strong position that it's too low but doesn't really explain it. Instead you have a quote from so and so and so on with all the () [] and jumbled symbols. Anybody can see lately that certain items have been going up like food or oil, but others like clothes or computers are constantly falling so it's not clear how that evens out. He critcizes the way the government accounted for computers but it actually makes sense. You do get more for less! Did he write on a typewriter? How could he not know that?