Bad Money
The Inexcusable Failure of American Finance: An Update to Bad Money

Name: Bad Money
Brand: Penguin Random House
Availability: InStock
Rating: 3 (1 reviews)
Author: Kevin Phillips
ISBN: 9781429592147

Author: Kevin Phillips

Narrator: Scott Brick

Unabridged: 9 hr 26 min

Format: Digital Audiobook Download

Publisher: Penguin Audio

Published: 04/01/2008

Categories: Nonfiction, History, Us History, Modern History, Political Science, Public Policy, Business & Economics

Synopsis

In his acclaimed book American Theocracy, Kevin Phillips warned of the perilous interaction of debt, financial recklessness, and the spiking cost (and growing scarcity) of oil- warnings that are proving to be frighteningly accurate. Now, in his most significant and timely book yet, Phillips takes the full measure of this crisis. They are a part of what he calls "bad money"- not just the depreciated dollar, but also the dangerous attitudes and the flawed products of wayward mega-finance. His devastating conclusion: In its hubris, the financial sector has hijacked the American economy and put our very global future at risk-and it may be too late to stop it.

About The Author

Kevin Phillips has been a political and economic commentator for more than three decades. A former White House strategist, he is a regular contributor to the Los Angeles Times and NPR, and writes for Harper’s and Time. His books include New York Times bestsellers The Politics of Rich and Poor and Wealth and Democracy.Scott Brick, an acclaimed voice artist, screenwriter, and actor, has performed on film, television, and radio. His stage appearances throughout the US include Cyrano, Hamlet, and MacBeth. In the audio industry, Scott has won over 20 Earphones Awards, as well as the 2003 Audie Award in the Best Science Fiction category for Dune: The Butlerian Jihad. After recording nearly 250 books in five years, AudioFile Magazine named Scott “one of the fastest-rising stars in the audiobook galaxy” and proclaimed him one of their Golden Voices. Brick’s range is unparalleled as he reads thrillers to narrative nonfiction, from biographies to science fiction with aplomb.

Reviews

Goodreads review by Will

I became interested in the book when I saw Phillips on Bill Moyers. Moyers offered a strong endorsement, saying that this was the best thing out there to help understand what was happening in the financial crisis. From what I have seen, tough sledding and all, he was right. A better title, might hav......more

Goodreads review by Barry

This book is both prescient and dated. It covers the credit crisis up the end of 2007 and correctly forecast the credit problems in the fall of 2008. Kevin Phillips is also a policy wonk and his tendency is to focus general political realities rather than just finance. Which is often a good thing, bu......more

Goodreads review by Marty

I'm a big fan of Kevin Phillips, but this one disappointed me. It seemed rushed at times (perhaps because his publisher wanted the book to be one of the first "financial crisis" books to hit the shelves?) and his flirtation with the peak oil theory was intriguing but ultimately unconvincing. Not sur......more

Quotes

"A harrowing picture of national danger that no American reader will welcome, but that none should ignore. . . . Frighteningly persuasive."
-Alan Brinkley, The New York Times

"An indispensable presentation of the case against things as they are."
-Time

"Sobering . . . positively alarming."
-Los Angeles Times

Awards

Arthur Ross Book Award