A book that will explain today’s crises on whatever day you read it on. In revolutions and recoveries, few issues in the news do not have an economic component but most of these topics are not covered well, if at all. From the Great Depression to gas lines in the 1970s to turn-of-the-century financial meltdowns, we usually hear that the problems stem from free markets that failed. Chris Warden, journalist and educator, shows that the crises emerged when markets were bypassed. But the former editorial page editor of Investor’s Business Daily goes even further. He shows how markets work in a way that consumers, college students, and even corporate CEOs, congressional representatives and the press corps can understand.
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