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Bad Money

The Inexcusable Failure of American Finance: An Update to Bad Money

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Bad Money

By: Kevin Phillips
Narrated by: Scott Brick
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About this listen

 In his acclaimed book American Theocracy, Kevin Phillips warned of the perilous interaction of debt, financial recklessness, and the spiking cost (and growing scarcity) of oil- warnings that are proving to be frighteningly accurate. Now, in his most significant and timely book yet, Phillips takes the full measure of this crisis. They are a part of what he calls "bad money"- not just the depreciated dollar, but also the dangerous attitudes and the flawed products of wayward mega-finance. His devastating conclusion: In its hubris, the financial sector has hijacked the American economy and put our very global future at risk-and it may be too late to stop it.©2008 Kevin Phillips; (P)2008 Penguin Americas Economic History Economics Politics & Government United States World Money Capitalism Banking Socialism Great Recession US Economy Taxation Iran Economic Policy Imperialism Global Financial Crisis Soviet Union American History Middle East

Critic reviews

"A harrowing picture of national danger that no American reader will welcome, but that none should ignore. . . . Frighteningly persuasive."
-Alan Brinkley, The New York Times

"An indispensable presentation of the case against things as they are."
-Time

"Sobering . . . positively alarming."
-Los Angeles Times
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