Raghuram Rajan was one of the few economists who warned of the global financial crisis before it hit. In Fault Lines, he argues that serious flaws in the economy are to blame and warns that a potentially more devastating crisis awaits us if they aren’t fixed. He also traces the deepening fault lines in a world overly dependent on the indebted American consumer to power global economic growth and stave off global downturns. He then outlines the hard choices we need to make to ensure a more stable world economy and restore lasting prosperity.
Featuring Mike German, Senior Policy Counsel, American Civil Liberties Union; Eileen Larence, Director of Homeland Security and Justice Issues, Government Accountability Office; Michael Price, Counsel, Liberty & National Security Program, Brennan Center for Justice; and Jim Harper, Director of Information Policy Studies, Cato Institute.
- Legal Briefs
- Cato Handbook for Policymakers
- Cato Journal
- Cato's Letter
- Cato's Letters
- Cato Papers on Public Policy
- Cato Policy Report
- Cato State Legislative Guide
- Cracking the Books
- Economic Freedom of the States of India
- Economic Freedom of the World
- Public Comments
- Supreme Court Review
The 2008-2009 financial crisis and Great Recession have vastly increased the power and scope of the Federal Reserve, and radically changed the financial landscape. This new ebook examines those changes and considers how the links between money, markets, and government may evolve in the future.