
Age of Greed: The Triumph of Finance and the Decline of America, 1970 to the Present
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This history traces how the chase for enormous personal fortunes came to shape the American economy from about 1970 onward. Economic journalist Jeff Madrick builds his account around portraits of the people behind the change. On one side are the thinkers who promoted free-market ideas, presented at first as a moral cause for liberty. On the other are the political leaders and financiers who turned those ideas into policy and practice. Madrick argues that this movement, far from delivering only prosperity, helped produce the widening inequality and fragile financial conditions the country still faces. The result is a guide to how today's concentration of wealth came about.
Liked Age of Greed: The Triumph of Finance and the Decline of America, 1970 to the Present? Here’s where I’d start.
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