Wednesday, April 28, 2010

The Predator State: How Conservatives Abondoned the Free Market and Why Liberals Should Too

Excellent book by James K Galbraith about the fallacies of the free market and, conversely, the benefits of gov't involvement. The author claims to have written the book for a general audience, but I found it still to contain reference to unfamiliar economic terms which made some of his arguments hard to follow. There is some similarity between his views and those of Naomi Klein and Noam Chomsky, but Galbraith comes much more from an economist's perspective.

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