Gambling with Other People's Money Book Reviews

AUTHOR
Russ Roberts
SCORE
0
TOTAL RATINGS
120

Gambling with Other People's Money by Russ Roberts Book Summary

What caused the Financial Crisis of 2008? While government mandates and private sector mistakes did contribute to the crisis and can be blamed at least in part for what happened, this book takes a different approach. Russ Roberts argues that the true underlying cause of the mess was the past bailouts of large financial institutions that allowed these institutions to gamble carelessly because they were effectively using other people's money. The author warns that despite the passage of Dodd-Frank, it is widely believed that we have done nothing to eliminate 'Too Big to Fail.' That perception allows the largest financial institutions to continue to gamble with taxpayer money.

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Book Name Gambling with Other People's Money
Genre Economics
Published
Language English
E-Book Size 2.59 MB

Gambling with Other People's Money (Russ Roberts) Book Reviews 2024

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Summary of Gambling with Other People's Money by Russ Roberts

The Gambling with Other People's Money book written by Russ Roberts was published on 01 January 2019, Tuesday in the Economics category. A total of 120 readers of the book gave the book 0 points out of 5.

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