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Book Event with Dean Baker on Jan. 27th
Dean Baker discusses and signs his new book,
Plunder and Blunder: The Rise and Fall of the Bubble Economy
Tuesday, January 27, 2009
6:30 p.m.
Busboys & Poets
2021 14th St. NW (at V St.)
Washington, DC 20009
Please RSVP here: http://salsa.democracyinaction.org/o/967/t/2459/event/index.jsp?event_KE...
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For the second time this decade, the U.S. economy is sinking into a recession due to the collapse of a financial bubble. The most recent calamity will lead to a downturn deeper and longer than the stock market crash of 2001.
Visionary economist Dean Baker's Plunder and Blunder chronicles the growth and collapse of the stock and housing bubbles and explains how policy blunders and greed led to the catastrophic-but completely predictable-market meltdowns.
An expert guide to recent economic history, Baker offers policy prescriptions to help prevent similar financial disaster.
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"Dean Baker warned us what was coming. Alas, the government and most economists ignored him. They denied that a housing bubble existed and would soon collapse with devastating consequences. Now we can read why Dean got it right when so many experts were blind. The story is intriguing-and deeply disturbing."
-William Greider, national affairs correspondent, The Nation
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