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Greenspan's Fraud: How Two Decades of His Policies Have Undermined the Global Economy
by Ravi Batra
from Palgrave Macmillan
Customer Reviews:
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Avg. Customer Rating: 3.5 / 5.0 
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Probably the best way to understand today's economic problems 
This is probably the best book I have read on economics. The authors really simplifies macroeconomics in laymen's terms. I would recommend this to everyone who want to understand why american economy is so weak and will continue to be so unless fundamental changes happen.
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Accurate detailed analysis of the meltdown in America 
Factual and detailed, this book helps people understand just what happened to cause the present downfall of our once great country. I highly recommend this book to all. I also recommend Kotlikoff's book The Generational Storm...another winner with some solid investment advice.
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Interesting but flawed 
Batra correctly points out that Greenspan is responsible for mishandling monetary policy by continually bailing out the Wall Street investment banking houses,as well as their all to willing commercial bank accomplices following the 1999 repeal of the Glass -Steagall Act, that have been primarily responsible for converting America from an entrepreneurial-enterprise-investment economy to a speculator economy based on manipulating the financial assets and balance sheets of American corporations in order to... more info
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Predictable and boring. 
I could hardly get through this. There was copious academic jargon that was used to mask the true lack of understanding the author had of the everyday principles that drive everything from Wall Street to a guy selling hot dogs on the street. I chalk this mistake up to an author that has spent too much time viewing the world from his ivory tower. Don't waste your time on this like I did.
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