B▫O▫M Book of the Month, Sept. 09
A Failure of Capitalism
Richard A. Posner
U.S. Court of Appeals judge and author of How Judges Think,
Posner analyzes our current economic travails, which he terms a depression.
Posner identifies, as causes of the collapse, many actions and events that can be placed under the umbrella of greed: deregulation, executive compensation , risky lending. He also proposes solutions.
18 minutes ago