This important book goes beyond generalizations and takes a hard-headed look at the real strengths and weaknesses of Keynesian demand management and supply side economics. Keynesianism has failed to reconcile high levels of competitiveness with full employment. This was confirmed in the 1980s by...

The case of Enron, the largest bankruptcy in economic history, allows important insights into the modus operandi of contemporary finance capitalism. Enron's collapse was the result of a financial overstretch which followed the pattern of the long known pyramid game ("Ponzi finance"). Enron...