Book Description:
Drawing from his rich experiences as a governor of the Federal Reserve Board and as an international economic consultant, Lawrence B. Lindsey provides an engaging, incisive analysis of the human motivations and the decision making processes that shape global economic events. He affords readers a unique view of the intended and unintended effects of public policy on both the domestic and the international political economy. Lindsey argues that the current bureaucratic and philosophical structure of the leading nations of the world was designed to battle past challenges, most notably the cold war. He asserts that nations can effectively confront new economic and financial crises only by unleashing the power of democratic capitalism to establish innovative global economic arrangements. This lively, insightful book provides an insider's perspective on the bureaucratic structure of governmental institutions and the incentives and limitations of the individuals who head those institutions. Combining the disciplines of economics, political science, finance, and history, Lindsey takes readers on a journey through the halls of power and shows how global economic forces affect business and politics. Lindsey calls for the people to demand that their systems respond with energy and resourcefulness to the new financial order. Economic Puppetmasters will be an invaluable resource for corporate executives, investors, public policy officials, and individuals interested in world affairs.
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