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Architects of Ruin

4.0 of 5 stars 4.00  ·  rating details  ·  42 ratings  ·  3 reviews
Was the financial collapse caused by free-market capitalism and deregulation run amok, as liberals claim?

Not on your life, says Peter Schweizer. What we are really witnessing is a massive failure of social engineering by liberals.

Architects of Ruin, bestselling author Peter Schweizer describes in riveting detail how a coalition of left-wing activists, liberal politicians,
ebook, 240 pages
Published October 6th 2009 by HarperCollins e-books (first published 2009)
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Bojan Tunguz
The financial meltdown of 2008 has turned into one of the greatest economic crisis in history. Like most other economic crisis of that magnitude, it seemed to have come practically out of nowhere, and it will be analyzed and discussed by the historians, political scientists and economists for the decades to come. For all of us who have to live with its consequences it matters very little in the short run what really caused this crisis. However, it would be good to know with some level of certain ...more
When I first saw the book, the subtitle seemed hyperbolic and inflammatory. The guy backs it up with plenty of documentation. His claim is accurate.

He downplays a little too much the role Republicans played in the disaster. We all remember George Bush and Karl Rove's "ownership society." Yes, this was a consequence of liberal policies, no matter which party was pushing them along.

The best thing the author did was to refute the idea that the crisis was a failure of the free market system. The mar
Good explanation of today's bailout culture. Covers the real estate meltdown mostly, but hits the financial crises of the 90's as well. Very Informative but not especially stylish.
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PETER SCHWEIZER is a research fellow at the Hoover Institution, Stanford University. From 2008-9 he served as a consultant to the White House Office of Presidential Speechwriting and he is a former consultant to NBC News. He has written for the New York Times, Wall Street Journal, Los Angeles Times, USA Today, National Review, Foreign Affairs, and elsewhere. His books include The Bushes, Reagan's ...more
More about Peter Schweizer...
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