Financial Fiasco

Johan Norberg exposes the abiding hypocrisies of policy that generated this crisis far better than an American insider could. A masterwork in miniature.

The book is a penetrating and frightening analysis of the causes and consequences of the 2008 Financial Panic. Norberg lays out with precision and detail how a perfect storm of misguided government policies and private sector exuberance combined to create the worst economic downturn since World War II. This is essential reading for everyone who cares about our economic future, but especially for those who are still not sure what caused the crisis. As Norberg makes clear, private forces jumped willingly on a runaway train, but it was government that built the train and drove it off a cliff.