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Books : The Roaring Nineties: Seeds of Destruction
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The Roaring Nineties: Seeds of Destruction by: Joseph E. Stiglitz List Price: £18.99 Price: £18.77 You Save: £0.22 ( 1%)Prices subject to change. |
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Binding: Hardcover Dewey Decimal Number: 330 EAN: 9780713997224 ISBN: 0713997222 Label: Allen Lane Manufacturer: Allen Lane Number Of Pages: 432 Publication Date: October 02, 2003 Publisher: Allen Lane Studio: Allen Lane Sales Rank: 502729 Related Items:
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Customer Reviews
Average Rating:
 Rating:  - DisappointedI was disappointed with this book as I found that Stiglitz had made it too political. Stiglitz was an advisor to Clinton, and he seems to have based the book on Republican bashing, I also found Stiglitz's writing style too repetitive - for example Regan's `cut taxes to increase tax revenue' idea was mentioned several times throughout the book. Another problem that I have with this book is that Stiglitz bases this book on the 2001 dot-com crash, which he states caused a "long and deep" economic downturn. However, the 2001 recession happened to be a much shorter compared to those in recent history and economic conditions turned around into strong growth in the 2000's. Also, many of his arguments do not stand up to ... Read More: Rating:  - A new form of social Darwinism: let the fittest surviveJoseph Stiglitz’s analysis of the national and international social and economic policies of the Bush II governments is devastating. Nationally, the state of the union is far from brilliant with its huge wealth inequality, a large number of people in prison, anxiety and insecurity (millions without health insurance), high infant mortality rates, unconcern about the deterioration of the environment and health care provisions below those of far poorer countries. In the ‘roaring nineties’, Stiglitz sees the fundamentalist free market ideology of the Bush II governments as a façade for a political agenda: crony capitalism (Enron, Worldcom), downsizing of government, favouring the wealthy. Overwhelming private interests and ... Read More: Rating: - Very very good!This is one of the most informative economic books written in a very long time by a nobel winning economist. The author constantly argues for the need of more Government Regulation and a greater emphasis on a Keynesian economic approach. It manages to be comprehensive and easy to read and you will find yourself wondering why some of these policies are not being implemented today since they would lead to a much better world. Rating: - Very interestingThis is an excellent read, very interesting and without the incomprehensible waffle that often bogs down writing on economics. My only criticism was that given Stiglitz's power and influence during the 90s (he was chief economist at the World Bank and and before that Chairman of Clinton's Council of Economic Advisors) he seems to avoid any of the blame for mistakes that were made. Some of the points made are not exactly new, Enron, the madness of the hype surrounding the New Economy. But Stiglitz writes well and overall the book is well worth a look. Rating: - A First-Hand LookStiglitz is in an excellent position to provide a first-hand look at some of the myths behind the seeming prosperity of the late 90s, and Washington's short-sighted view of the economy. In particular, his critique of how President Bush mis-managed the aftermath is sharp and to the point. Readers interested in this book should also take a look at Paul Krugman's "The Great Unraveling" for more political commentary and Maggie Mahar's "Bull! A History of the Boom" for a colorful, fast-paced narrative of Washington and Wall Street in the 90s. |
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