Provides a very competent account of the events which led to the current financial crisis, with an emphasis on the political and ideological. --Financial Times
"The best book describing this [economic] malaise is Richard Posner's A Failure of Capitalism. The distinctiveness of his case is that he is a prominent conservative thinker with the intellectual acuity to argue that the crisis is not to do with the traditional enemy of conservativism, big government, but is a consequence of decisions taken by private firms." --The Times, 5 December 2009
About the Author
Richard A Posner is Circuit Judge, the United States Court of Appeals for the seventh circuit, and a senior lecturer at the University of Chicago Law School.