December 2, 2010

Griftopia by Matt Taibbi

Griftopia: Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America

Matt Taibbi

Grade: B+

"Follow the money" has long been my mantra, and Matt Taibbi's cogent reporting does the best job describing various economic crises of the last fifteen years of any that I've read, peeling away each level of complexity in a way that the layman reader can easily understand our world turned upside down as a result of greedy financiers and their collusion with the government. He details the creation and bursting of the bubble, the 2004 energy crisis, and the 2008 economic collapse, and like the prosecutor in a Mafia trial, lays out a scathing indictment of Wall Street and those who set monetary policy in the U.S., starting with Alan Greenspan, whose Ayn Randian views continue to pervade economic policy long after her death in the early 1980s.

Read this Amazon Vine review in its entirety at Amazon.


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