The concept and the content are excellent. The performance is irritating. I'm shocked no one caught two things in particular: First, "Keynesian" is pronounced "Cane-see-an" not "Kensianism"! Anyone with some economics would know that. Second, there are several places where the studio conversation is not edited out and you can hear things like "reading the interview answers now, go".
The performance is excellent. The case is disjointed.
The author occasionally provides a thought provoking idea or observations, but none that can't be gleaned from other sources.
Write this review to save others from this diatribe.
I read a lot of economic books and am fairly well versed in this area and found this book not worth the time. The first half is yet another lesson in laissez faire libertarianism. As if anyone reading this book needs another lesson on the subject. The second half of the book is a long-winded diatribe that never seems to sum anything up. Concepts are fuzzy and policy prescriptions are seemingly at odds with the author's view. For example, he proposes a hands off government approach AND NEW GSEs or direct government involvement in banking in some cases. Some things in the book appear outright intellectually dishonest, such as his claim that mutual fund managers hold CEOs hostage to meet the quarterly numbers. This simply does not happen because MF managers don't have that kind of power! In almost the same breath, the author praises hedge fund managers as efficiently allocating the country's capital! Apparently, the author lives in some sort of academic bubble, preferring to apply what he thinks is the real world to his arguments. Both of these assertions couldn't be further from the truth.He goes so far as to criticize the younger generation for being too consumed with social media, for not knowing solitude and thus not being creative and having original thoughts. As if creativity and original thought hasn't exploded on the web! I picture an old curmudgeon writing that section while yelling out the window at kids to get off his lawn and proceeding to say "in my generation...". For someone supposedly writing on "progress", his own bias against modern technology is truly astounding.My review is already too long. Just get one of the many other books on the subject instead.
Sounds like a high school senior is reading the book. In addition, the editing is worse than amateur- a lot of sentences have clear demarcations where an edit was inserted at a different volume!
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