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    Cover of Bailout nation

    Bailout nation

    Barry Ritholtz · 2009

    An engaging look at what led to the financial turmoil we now find ourselves in Bailout Nation offers one of the clearest looks at the financial lenders, regulators, and politicians responsible for the financial crisis of 2008. Written by Barry Ritholtz, one of today's most popular economic bloggers and a well-established industry pundit, this book skillfully explores how the United States evolved from a rugged independent nation to a soft Bailout Nation-where financial firms are allowed to self-regulate in good times, but are bailed out by taxpayers in bad times. Entertaining and informative, this book clearly shows you how years of trying to control the economy with easy money has finally caught up with the federal government and how its practice of repeatedly rescuing Wall Street has come back to bite them. The definitive book on the financial crisis of 2008 Names the culprits responsible for this tragedy-from financial regulators to politicians Shows how each bailout throughout modern history has impacted what happened in the future Examines why the consumer/taxpayer is left suffering in an economy of bubbles, bailouts, and possible inflation Ritholtz operates a hugely popular blog, www.ritholtz.com/blog Scathing, but fair, Bailout Nation is a voice of reason in these uncertain economic times.

    Economics & FinanceBiography & Memoir
    Open LibraryAmazon
    Stats for nerds
    2recommend
    2mentions
    2people
    2010–2014years
    100% recommend

    Mentions per year

    20102011201220132014

    What Hacker News says

    1. dirkthemanFeb 2014
      Why is it hypocritical to recieve federal investment, only to decide it isn't for you, after which you pay them back? And why is it hypocritical to have the government as your main client for an entirely different company (SpaceX)?

      Barry Ritholtz (the author of the piece) is also the author of Bailout Nation, a book about the financial crisis that I really enjoyed reading. To project his feelings about investment bankers on Elon Musk is taking it one step too far, in my opinion. Calling him hypocritical for criticizing the government while receiving tax breaks? If that's the case, the vast majority of people living in any free country are hypocritical, too.

      thread
    2. steveplaceJan 2010
      I highly recommend his book "Bailout Nation," the most comprehensive overview of our current situation. Data driven and very well written.
      thread

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