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Bad Money: The Inexcusable Failure of American Finance: An Update to Bad Money Audiobook
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(3.02) - 531 listener ratings
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Publisher Description
In his acclaimed book American Theocracy, Kevin Phillips warned of the perilous interaction of debt, financial recklessness, and the spiking cost (and growing scarcity) of oil- warnings that are proving to be frighteningly accurate. Now, in his most significant and timely book yet, Phillips takes the full measure of this crisis. They are a part of what he calls "bad money"- not just the depreciated dollar, but also the dangerous attitudes and the flawed products of wayward mega-finance. His devastating conclusion: In its hubris, the financial sector has hijacked the American economy and put our very global future at risk-and it may be too late to stop it.
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"As usual, Kevin Philips does not disappoint with this well researched book anticipating the Market Crash of 2008. A former Republican consultant, Philips has made the leap from a partisan politician to an even handed commentator about the state of the economy."
— Richard (4 out of 5 stars)
Bad Money Listener Reviews
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" Saddly, I could not work up enough interest to finish this book. I have enjoyed some of his other books, and I don't doubt this one is well researched and spot on. It deals with the history and casue of our our current (2008-9) financial mess. Even so, it is just too boring for words, so I gave up. "
— Jrobertus, 2/20/2014 -
" One way I know a non-fiction book that interested me is by the number of "stickies" that are in the book identifying references or other points I want to look at later. This book is loaded with them. "
— Devi, 2/18/2014 -
" Be sure to get the latest paperback edition which includes a 50-page forward/update written just after Obama's inauguration. "
— Bucky, 2/16/2014 -
" Great author--good book. Phillips has a great mind and is a very original thinker. The material can be a bit arcane if you are not that interested in finance. "
— Rod, 2/12/2014 -
" Was I supposed to understand that? Actually, there were parts of this I enjoyed, particularly those focussing on each particular White House administration and the increasing role of dynasties in US politics. Most of the economics was over my head but it was interesting to hear about this now having sold e house we originally bought in September 2007. "
— Greg, 1/30/2014 -
" I could not read it all but what is in it it needs to be better known. "
— Carroll, 1/20/2014 -
" This is a good follow-up to American Theocracy. "
— Bill, 1/20/2014 -
" A bit confusing for someone who doesn't know the financial system well in this country. But the overall takeaway is that our country is in a financial crisis that will not easily go away and our biggest financial threats will come from Asia. "
— Jonathan, 1/15/2014 -
" one of the more helpful reads to figure out the collapse.. "
— Laura, 12/7/2013 -
" A great read, although it can be a little meandering at times. This book is, in a sense, an update to his prior book "Wealth and Democracy". "
— Majid, 11/18/2013 -
" excellent overview of predatory capitalism and the evident results in today's financial and world economic crisis.m,m,The author was an economic advisor to Richard Nixon. I highly recommend this. "
— Stacy, 11/14/2013 -
" This book was interesting but blabbered on for too long and didn't connect the items that well. It seems that it could be structured better and communicate all points with reduction in pages. "
— Joshua, 6/26/2013 -
" I had a hard time getting pulled into this book. It was a little dry and didn't have that much useful information, although it was likely accurate in the current description of current financial trends. "
— Edgar, 2/21/2012 -
" Phillips is always good. For an explanation of the latest financial crisis this one can not be beat. "
— Mary, 1/19/2012 -
" I have learned a lot about our wonderful world in washington "
— Spenser, 4/27/2011 -
" A bit dense, get the summary at the end should be read by everyone. "
— David, 1/31/2011 -
" Kevin Phillips' interview on Bill Moyers' show on PBS Friday September 19th was riveting and chilling. This could be THE BOOK to read to better understand the Wall Street mess we're in. "
— Naomi, 2/27/2010 -
" If you want to know how the country ended up in this economic mess, then read this. Phillips has been a lonely Cassandra trying to warn us of potential economic disaster for years, and this was his last attempt before the fit hit the shan. "
— Wred, 9/6/2009 -
" Not exactly entertaining, but it held my attention. Appears to be a plausible overview of the road leading to the current financial debacle. "
— Kathy, 5/15/2009
About Kevin Phillips
Kevin Phillips, author of Wealth and Democracy, The Cousins’ War, and Arrogant Capital, is a regular contributor to the Los Angeles Times, New York Times Magazine, and Washington Post. He is also a commentator for CBS and National Public Radio, and he edits his own newsletter, American Political Report. He lives in Connecticut.
About Scott Brick
Scott Brick, an acclaimed voice artist, screenwriter, and actor, has performed on film, television, and radio. He attended UCLA and spent ten years in a traveling Shakespeare company. Passionate about the spoken word, he has narrated a wide variety of audiobooks. winning won more than fifty AudioFile Earphones Awards and several of the prestigious Audie Awards. He was named a Golden Voice by AudioFile magazine and the Voice of Choice for 2016 by Booklist magazine.