Penguin Books Australia

The bestselling author of Traders, Guns & Money on how money and finance enslaved the world.

Once, we built things – useful things.  Now, we construct immense financial structures from thin air and lies.  We have crafted a colossal worldwide financial machine that makes a few individuals staggeringly wealthy and sacrifices everyone else at its altar of risk.

'Excellent . . . One is left with utter disbelief that people could return to normality from such a monetary madhouse.' Financial Times

One of this century's greatest surprises has been the economic and social revolution in India. A country long characterized by such adjectives as 'timeless', 'spiritual' and 'backward' is now viewed through a new set of clichés: 'hi-tech', 'materialistic', 'go-getting'. But what is the real nature of this rapid change, and what are its roots?

No account of the financial insanity of 1929 has been issued in a form at once so readable, so humorous, and so carefully authenticated as this classic book. J.K. Galbraith examines the 'gold rush fantasy' in American psychology and describes its dire consequences. The Florida land boom, the operations of Insull, Kreuger and Hatry, and the fabulous Shenandoah Corporation all come together in this penetrating...

The most remarkable thing that happened to the world economy after 9/11 was ... nothing. What would have once meant a crippling shock to the system was absorbed astonishingly quickly, partly due to the efforts of the then Chairman of the Federal Reserve Board, Alan Greenspan.