20th Century American History - Economic Aspects - Post World War II, United States - Economic History, Economic History - General & Miscellaneous
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Synopsis
The bad news and good news about the 1980s is delivered here with incomparable wit and wisdom. Smith characterizes the '80s as an era of easy debt and easy spending where "it is not only okay to be rich; it is okay to flaunt it". Smith is the host of the PBS television show "Adam Smith's Money World".Editorials
Library Journal
Celebrities such as the pseudonymous Smith apparently can get away with compiling speeches, articles, and interviews with the expectation that such books will sell. This collection of mostly undated items (one stems from 1970) has little coherence: There is a general dissatisfaction with the U.S. economy, its lack of central planning, its emphasis on mergers and acquisitions, and its concentration on making money rather than things. Many articles profess admiration for Japan's educational system, productivity, diligence, and harmony. The American ``marketplace works, but only in a very lumpy way.'' There are nuggets, such as the account of the 1987 market crash, but this book is a discretionary purchase. Literary Guild alternate.. Alex Wenner, Indiana Univ. Lib., BloomingtonBook Details
Published
January 25, 1990
Publisher
Penguin Books Ltd
Pages
304
Format
Paperback
ISBN
9780140128116