As the myth of the free market is overcome by current events, James K. Galbraith’s new book explains both its rise and fall. His description of the dynamic and troublesome interaction between the public and private sectors is timely, instructive, and ultimately devastating. The rise of a free market ideology blurred both the distinction between these sectors and the growth of government. It did so in ways that not only contributed to greater wealth and income inequality, but also directly produced the financial crisis which is remaking the global economy on a daily basis. Join us for a discussion of the book and an exploration of the intersection of politics and policy in the response to the financial crisis.
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