by Joseph E. Stiglitz · LANE ALLEN · tapa dura · ISBN 9781846142796
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«Freefall» is Joseph E. Stiglitz's essay on the global financial crisis, published by Allen Lane in hardcover (361 pages, in English).
Nobel Prize-winning economist Joseph E. Stiglitz analyzes the origins of the 2008 financial crisis and argues that the United States exported bad economic practices and policies to the rest of the world. He examines the improvised and ineffective response of the authorities when markets collapsed and proposes reforms to rebuild the financial system and prevent future catastrophes.
The full title is «Freefall: Free Markets and the Sinking of the Global Economy», a subtitle that appears on the cover. Published in 2010 within the economics and business category.
Intended for readers interested in economics, politics and analysis of the financial crisis, with an accessible yet rigorous approach.
Joseph Eugene Stiglitz is an American New Keynesian economist, a public policy analyst, political activist, and a professor at Columbia University. He is a recipient of the Nobel Memorial Prize in Economic Sciences (2001) and the John Bates Clark Medal (1979). He is a former senior vice president and chief economist of the World Bank. He is also a former member and chairman of the U.S. Council of Economic Advisers. He is known for his support for the Georgism public finance theory and for his critical view of the management of globalization, of laissez-faire economists, and of international institutions such as the International Monetary Fund and the World Bank.
