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The roaring nineties : why we're paying the price for the greediest decade in history



Autor: Joseph E. Stiglitz
Rok: 2004
ISBN: 9780141014319
OKCZID: 110160173

Citace (dle ČSN ISO 690):
STIGLITZ, Joseph E. The roaring nineties: why we're paying the price for the greediest decade in history. London: Penguin Books, 2003. xlii, 389 stran.


Anotace

 

From the Nobel Prize-winning author of "Globalization and Its Discontents" comes a coruscating analysis of the boom and bust of the 1990s - how and why it happened, how the seeds of destruction were sown in the midst of apparent prosperity, and how America and the world are still failing to learn the lessons from what went wrong. "The Roaring Nineties" is in part the story of how the corrupt and greedy got their comeuppance. But Stiglitz also develops a convincing alternative to the free-market mantra. He shows why greed is not good and how if left unchecked it leads to deceptions, distortions and disasters. He argues that achieving the right balance between government and the market is the best way towards sustained growth and efficiency, and that both companies and economies must to some extent be regulated by trust and consideration for others. This isn't just good morality - it's good economics too.


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