In his new book, economist Dean Baker debunks the myth that conservatives favor the market over government intervention. In fact, conservatives rely on a range of "nanny state" policies that ensure the rich get richer while leaving most Americans worse off. It's time for the rules to change. Sound economic policy should harness the market in ways that produce desirable social outcomes: decent wages, good jobs, and affordable health care.
"An eye opening book"
Twice in the early 21st century, the U.S. economy plunged into a recession due to the collapse of a financial bubble. In this audio book, Dean Baker argues not only that competent economists should have recognized the developing housing bubble, but also that policy makers and the media neglected those economists who did predict danger.
"Dean Baker is a great Economist."