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Economist Raghuram Rajan warned about the global financial crisis long before it hit. Now he argues that there are still serious flaws in the economy, and a potentially more devastating crisis awaits us if they are not fixed.
Synopsis
As the world struggles to recover from the financial crisis, it's tempting to blame what happened on just a few greedy bankers who took irrational risks and left the rest of us to foot the bill. This book argues that serious flaws in the economy are also to blame, and warns that a potentially more devastating crisis awaits us if they aren't fixed.
