In After the Fall, Gelinas shows how the financial crisis that began in 2008 was not a failure of markets, but a failure of government to understand its proper role in markets. Her brilliant reading of financial history and of current events reveals that the problems were predictable, and the solutions straightforward.
In Economics Does Not Lie, Guy Sorman defends capitalism from its new enemies. He argues that it is important to remember the unprecedented benefits free markets have brought mankind, and explains that the current crisis can be corrected with the tools of economic scienceâ€”as long as the forces of ignorance or demagoguery don't prevail. Based on extensive interviews with the world's leading economists, and written with verve and clarity, Sorman's book makes a unique and timely contribution to understanding our time.
Cited by George W. Bush as the second-most-important book he had ever read—right after the Bible. The Dream and the Nightmare argues that today's underclass owes its existence to the cultural revolution of the Sixties, a revolution that was effected by the prosperous but suffered by the poor.
The book that has indelibly shaped the debate over welfare in America. In this ground-breaking work, Murray argues that the massive social programs of the 1960's have not only failed to improve conditions for poor Americans, but have perpetuated and intensified the disadvantages that the Great Society set out to eradicate.