Endless money : the moral hazards of socialism / William W. Baker
- Bib ID:
- 4735516
- Format:
- Book
- Author:
- Baker, William W. C.F.A
- Description:
-
- Hoboken, N.J. : Wiley, c2010
- xxii, 417 p. ; 24 cm.
- ISBN:
-
- 9780470476154
- 047047615X
- Summary:
-
"In Endless Money, William Baker examines how the U.S. government and the country's financial systems have embraced socialism, and why cultural deterioration reinforces the trend and jeopardizes democracy. Along the way, Baker reveals how socialism is embodied in two things - the socialization of income and the socialization of credit - and discusses why this is so dangerous." "The reader will discover why today's economy and capital markers are facing the long-term buildup of public and private credit, and how - as we incur more debt through greater government spending, and take on higher taxes - our leaders fail to find few realistic solutions to this situation. Divided into six comprehensive parts, Endless Money offers an assessment of where we're heading and why we cannot continue down this road."--BOOK JACKET.
- Full contents:
-
- 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.
- Notes:
- Includes bibliographical references and index.
- Subject:
- Copyright:
-
In Copyright
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Copyright status was determined using the following information:
- Material type:
- Literary Dramatic Musical
- Published status:
- Published
- Publication date:
- 2010
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