Matt Stoller, "Goliath: The 100-Year War Between Monopoly Power and Democracy" (Simon & Schuster, 2020)
New Books in Economics
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The Banking Crisis in Two Thousand Seven, Two Thousand Eight
Every financial crisis is caused by gambling with other people's money, right? Isj really simple. A this last financial crisis in two thousand and eight. And the banks that were doing the lending and the gambling were just massive institutions that were too big to go under. We've allowed the consolidation of power so that you can't actually let these firms go bankrupt. It's very weird, and it's like a very, it's frustrating the left in a lot of ways, but it's also frustrating the right because the right sees these institutions as a kind of pari state istitutions. They're like quasi governments at this point,. whereas the left is like, there's too
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