Tag Archive | economy

James Donaldson’s Book Review: Catastrophe: The Story of Bernard L. Madoff – The Man Who Swindled the World by Deborah Strober

A fantastic recounting of the Bernie Madoff Ponzi scheme that was orchestrated by Bernie Madoff, throughout about 25 years or so. It all came crashing down during the Wall Street and financial meltdown of 2008 – 2009. Madoff, was a respected Wall Street financier, fund manager and former chairman of NASDAQ. Even though he often […]

James Donaldson’s Book Review – Third World America: How Our Politicians Are Abandoning the Middle Class and Betraying the American Dream by Arianna Huffington

It’s not an exaggeration to say that middle-class Americans are an endangered species and that the American Dream of a secure, comfortable standard of living has become as outdated as an Edsel with an eight-track player – that the United States of America is in danger of becoming a third world nation. The evidence is […]

James Donaldson’s Book Review – 23 Things They Don’t Tell You About Capitalism by Ha-Joon Chang

In this book, 23 Things They Don’t Tell You about Capitalism, the author goes into pretty good detail and some very good scenarios about how and why capitalism works (when it works), and how and why sometimes it doesn’t. The author states that because we didn’t ask the “necessary questions” about capitalism, we got hit […]

James Donaldson’s Book Review – Meltdown Iceland: How the Global Financial Crisis Bankrupted an Entire Country by Roger Boynes

In this book, “Iceland Meltdown”, it is described about the global economic crisis, especially the housing crisis of the past decade or so.  The book opens with a quote, “when America sneezes, the rest of the world gets a cold, and when America has pneumonia, the rest of the world gets seriously ill”.  That’s all […]

James Donaldson’s Book Review – The Modern Scholar: The People’s Dynasty – Culture and Society in Modern China by Robert J Shepherd

The state-directed opening of the Chinese economy in 1979 led to a number of radical transformations within Chinese society, but Western understanding of these changes is often limited by erroneous assumptions. Offering a clear picture of the vast economic and social forces of modern-day China, Professor Robert J. Shepherd addresses U.S. investment in China, China’s […]

James Donaldson’s Book Review – All The Devils Are Here by Bethany McLean

http://www.audible.com/pd/Nonfiction/All-the-Devils-Are-Here-Audiobook/B0049Q53H6 I know that a lot of books have been written (and I’ve read my fair share of them) and conversations/debates have been had in regards to the housing meltdown and what caused it and who’s to blame. This book, All The Devils Are Here” by Bethany McLean, is by far one of the best […]

James Donaldson’s Book Review – Dereliction of Duty by Robert Patterson

      http://www.audible.com/pd/Nonfiction/Dereliction-of-Duty-Audiobook/B006OBVBSY   While I’m not the biggest Bill Clinton fan, it’s pretty obvious that author, Robert Patterson bares all in this book about his disdain (and not just about the presidency) for former Pres. Bill Clinton and his administration.   Patterson makes it clear that he stayed on board to do the […]