Authors: Laurence Kotlikoff

Publisher: Wiley

Publish Date: January 2011

Department: Economics

Discover how the global financial plague is poised to return, and what can be done to stop it.

This is not your father’s financial system. Jimmy Stewart, who plays the trustworthy, honest banker in the movie It’s a Wonderful Life is dead. And so is his small-town bank, Bailey Savings & Loan. Instead, we’re watching It’s a Horrible Mess with Wall Street (aka the Vegas Strip) playing ever-larger craps with our economy and our tax dollars.

This book, written by one of the world’s most respected economists, describes in lively, humorous, simple, but also deadly-serious terms the big con underlying the web of interconnected financial, political, and regulatory malfeasance that culminated in financial meltdown and brought us to our economic knees. But it also proposes an amazingly simple solution—Limited Purpose Banking—to make Wall Street safe for Main Street.

  • This book, as well as the financial fix described within it, has received rave reviews from a veritable who’s who of policymakers and economists, plus five economics Nobel Laureates
  • Written by a leading economist whose insights on this topic are unparalleled
  • Outlines the first and only proposal to fundamentally fix our financial disaster for good

Jimmy Stewart Is Dead will fundamentally change the way you think about the economy, financial markets, and the government.