The Roaring Nineties

A New History of the World's Most Prosperous Decade

by: Joseph E. Stiglitz

in: Economics

Summary:

The book critically examines the economic policies and market deregulations of the 1990s, attributing the decade's financial boom and subsequent bust to flawed government decisions and unchecked corporate behaviors. It provides an insider's perspective on the era's policy-making processes and the consequences of the pursuit of short-term profits over sustainable growth.

Key points:

1. Government's Economic Role: Stiglitz credits the U.S. government's regulation, tech and education investment, and fiscal management for the 1990s economic boom, countering the belief that the market alone drove prosperity.

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