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By the bestselling author and XM and Sirius Satellite radio host heard on more than eighty radio stations coast to coast seven days a week. Reveals how the middle class, nurtured as the backbone of democracy by our Founding Fathers, is being undermined by so-called conservatives. Shows how we can reverse the erosion of the middle class and restore the egalitarian vision of the Founders. This expanded edition has a new chapter on immigration and a...
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A New York Times bestseller
The Great Deformation is a searing look at Washington's craven response to the recent myriad of financial crises and fiscal cliffs. It counters conventional wisdom with an eighty-year revisionist history of how the American state -- especially the Federal Reserve -- has fallen prey to the politics of crony capitalism and the ideologies of fiscal stimulus, monetary central planning, and financial bailouts. These forces...
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"From the New York Times's Global Economics Correspondent, a masterwork of reporting and explanatory journalism that exposes how billionaires' systematic plunder of the world has transformed 21st century life and dangerously destabilized democracy"--
The history of the last half century in America, Europe, and other major economies is in large part the story of wealth flowing upward. The most affluent people emerged from capitalism's triumph in the...
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In this revelatory examination of the most overlooked force, that is changing the face of China, the Oxford historian and scholar of modern Asia, Karl Gerth, shows that as the Chinese consumer goes, so goes the world. While Americans and Europeans have become increasingly worried about China's competition for manufacturing jobs and energy resources, they have overlooked an even bigger story: China's rapid development of an American-style consumer...