Book description
Discover how the global financial plague is poised to return, and
what can be done to stop it
This is not your father's financial system. Jimmy Stewart, the
trustworthy, honest banker in the movie, It's a Wonderful Life, is
dead.?And so is his small-town bank, Bailey Savings & Loan.
Instead, we're watching It's a Horrible Mess with Wall Street (aka the
Vegas Strip) playing ever larger craps with our economy and our tax dollars.
This book, written by one of the world's most respected economist,
describes in lively, humorous, simple, but also deadly serious terms
the big con underlying the big game?the web of interconnected
financial, political, and regulatory malfeasance that culminated in
financial meltdown and brought us to our economic knees. But it also
proposes an amazingly simply solution?Limited Purpose Banking to make
Wall Street safe for Main Street.
- This book, as well as the financial fix described within it,
have received rave reviews from a veritable who's who of
policymakers and economics, plus five economics Nobel Laureates
- Written by a leading economist whose insights on this topic are unparalleled
- Outlines the first and only proposal to fundamentally fix our
financial disaster for good
Jimmy Stewart Is Dead will fundamentally change the way you
think about the economy, financial markets, and the government.
LAURENCE J. KOTLIKOFF is a William Fairfield
Warren Professor of Economics at Boston University, Fellow of the
American Academy of Arts and Sciences, Research Associate of the
National Bureau of Economic Research, Fellow of the Econometric
Society, and former Senior Economist, President's Council of Economic
Advisers. Coauthor of The Coming Generational Storm and Spend 'Til
the End and author of The Healthcare Fix, and Bloomberg
columnist, Kotlikoff publishes extensively in the nation's leading
newspapers, magazines, and financial websites on financial reform,
taxes, saving, growth, deficits, Social Security, healthcare,
pensions, and personal finance.
