The Great Deformation

The Great Deformation

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A former Michigan congressman and member of the Reagan administration describes how interference in the financial markets has contributed to the national debt and has damaging and lasting repercussions.What happened between mid-2009 and mid-2012, therefore, was not a miracle in Motown; it was just another lamentable episode of crony capitalism on parade. ... the Jeep franchise and Dodge Ram trucks, but none would have been interested in its rundown UAWcontrolled car plants. Indeed, the wage bill at the latter plants was about $1.5 billion, meaning that from the artificially resuscitated parts ofanbsp;...

Title:The Great Deformation
Author:David Stockman
Publisher:PublicAffairs - 2013-04-02


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