What Are the Real Costs of Manipulated Free Markets on Capitalism?
This current Global Economic calamity could have been prevented, well this is what many believe and among them is a writer of the most recent economic book to hit the scene in 2009. The book is called: “The Cost of Capitalism: Understanding Market Mayhem and Stabilizing Our Economic Future” by Robert J. Barbera; McGraw-Hill Business Book Publishers (2009). This book comes from a rather interesting place, as Robert Barbera is a left leaning Wall Street Economist type. He claims not to be an anti-capitalist type, yet blasts capitalism at is practiced in the real world. He is a good cross-section of a Wall Streeter Liberal Ivy League Economist, as if you can put all those titles together. Perhaps, this is why his perspective is so unique and why I believe you will enjoy both his comments and his arguments in the book. The New York Times Book review stated; “Robert J. Barbera places the blame for this abject failure in economic forecasting and government policy on a misguided confidence in