The Financial Crisis and the Free Market Cure by John Allison (.ePUB)
File Size: 0.5 MB
The Financial Crisis and the Free Market Cure: Why Pure Capitalism Is the World Economy’s Only Hope by John Allison
Requirements: .ePUB reader, 0.5MB
Overview: John Allison, the long-time CEO of BB&T, offers a firsthand account of the 2008 financial collapse, arguing that it was government intervention—not Wall Street greed—that destabilized the economy. He lays out why returning to unbridled free-market principles is the only viable path to recovery.
Key Themes or Insights
Allison details how flawed federal policies—such as housing incentives and bailouts—distorted incentives and fueled the crisis. He argues that regulation often reinforces cronyism, stifles entrepreneurship, and perpetuates instability, while true capitalism rewards accountability and innovation.
Style and Usefulness
Clear, controversial, and economically rigorous, the book combines personal insight with political philosophy. Designed as a wake-up call, it provides actionable analysis and strategic guidance for business leaders, policymakers, and anyone interested in restoring economic freedom.
Genre: Non-Fiction > General
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