Originally appeared in the New York Times. ECONOMIC alarm bells are ringing: Financial markets have wilted. Forecasters have been slicing their projections for future growth. And some leading wise men — including the megabillionaire George Soros — are predicting a return to disastrous 2008 conditions. That’s almost certainly an overly pessimistic view. But without a […]
Originally appeared in the New York Times. THANKS disproportionately to their mother, my kids have a gratifyingly acute sense of the urgency of addressing the dire straits in which far too much of the world’s population lives. For my part, I wanted them to understand the key role that capitalism, which has brought more people […]
Originally appeared in the New York Times Even more than income inequality, slow growth sits firmly atop the leader board of global economic worries. Among the most prosperous countries — the Group of 7 — not a single nation is achieving an acceptable rate of expansion. Once formidable emerging countries are in disarray: Brazil and […]
“[a] surprisingly modest account…Rattner has a journalistic talent for the telling detail, resulting in a memorable tale of life in the middle of the economic meltdown...Rattner deftly draws portraits of the inhabitants of "the Oval" and the West Wing...Rattner has proved himself a gifted chronicler.”
-Time Magazine
