Review: Economics of the 1%

4 Star, Banks, Fed, Money, & Concentrated Wealth, Capitalism (Good & Bad)
Amazon Page
Amazon Page

John Weeks

4.0 out of 5 stars While Relevant and Pointed, Suffers from Hyperbole and Lack of Clarity, February 16, 2014

On balance, Lionel Tiger’s book The Manufacture Of Evil: Ethics, Evolution, and the Industrial System is the better book, along with those by William Greider, John Bogle, and Matt Taibbi:

The Soul of Capitalism: Opening Paths to a Moral Economy

The Battle for the Soul of Capitalism

Griftopia: A Story of Bankers, Politicians, and the Most Audacious Power Grab in American History

I found this book unclear and guilty of at least as much hyperbole as those the author seeks to criticize. I would have been much more impressed has the author taken the top ten canards (unfounded rumor or story) of fake economics as he calls it (in virtually every paragraph, an annoying pretense) and very simply made the case pro and con. Instead — I am not a rocket scientist — I found 70% of his words, graphics, and claims to be on a par with those he seeks to ciritize….unclear and unsatisfying.

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