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" Endless money : "
William W. Baker.
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BL
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| Record Number
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1011080
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| Doc. No
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b765450
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| Main Entry
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Baker, William W.,C.F.A.
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| Title & Author
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Endless money : : the moral hazards of socialism /\ William W. Baker.
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| Publication Statement
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Hoboken, New Jersey :: John Wiley & Sons, Inc.,, [2010]
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| Page. NO
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1 online resource
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| ISBN
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047055794X
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: 0470558008
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: 1282306006
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: 9780470557945
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: 9780470558003
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: 9781282306004
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047047615X
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9780470476154
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| Bibliographies/Indexes
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Includes bibliographical references and index.
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| Contents
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Unknown unknowns -- Wings of wax -- The rise and fall of hard money -- Flat-earth economics -- Spitting into the wind -- Moral hazard -- The rich are different from you and me -- Sharecroppers -- The heart of the financial system -- A return to malaise -- Democracy : the Achilles' heel of capitalism? -- From the golden era to totalitarianism -- Other perspectives -- Bending to the modern world -- Self-indulgence -- The new commandments -- Elephants in the room -- The elephant killer : gold -- America invicta.
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| Abstract
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A detailed look at how, and why, the American financial system has reached its current state. Today's economy and capital markets are faced with the long-term buildup of public and private credit. Furthermore, we face higher taxes, greater spending, and more debt. We are now at a critical crossroads and our leaders have few realistic solutions. Proposals calling for tax reforms or fewer regulations have fallen on deaf ears. In fact, U.S. democracy has become more socialist and reform is needed immediately. Endless Money is an examination of how the U.S. government and the country's financial s.
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| Subject
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Banks and banking.
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Monetary policy.
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Banks and banking.
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BUSINESS ECONOMICS-- Economics-- Theory.
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Monetary policy.
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| Dewey Classification
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330.15/7
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| LC Classification
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HG230.3
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