Makers and Takers: How Wall Street Destroyed Main Street

"Depressing, but in a good way (I hope)" according to Edward Durney. This book was hard to read. Not because it was poorly written. Indeed, Rana Foroohar writes well, making complex concepts fairly easy to understand, with quotes and stories that illustrate points without being too contrived. No complicated charts, graphs or equations either. Rather, the book was hard to read because it paints such a bleak picture of our economy and of our. DIY Coach - Jerry said Writen by an auther wearing left tinted glasses, but covers her point of view well. This is an important read for businessmen, investors and those interested in knowing the subject that deal with the economy. It is not an easy read or an easy subject, but if you are concerned about the quality of life it is a beginning to get to know the issues. The author presents a large landscape of issues. The challenge for the reader is to distinguish what is fact a. "A Page-Turning Opinion Piece Whether You Completely Agree or Not" according to Blake S.. Makers and Takers is a great look at some of the biggest problems our economy is facing today. Although it's more of an opinion piece than books like Flash Boys and The Big Short, it still provides the same head-shaking, page turning information that will keep you captivated and furious at the same time. The book goes into great detail about how things are set up to benef

Foroohar not only argues that it is crucial that America tackle these woes but offers commonsense solutions for doing so. Politicians—and voters—should take note.” - Gillian Tett, US managing editor, Financial Times, author of The Silo Effect   “There is no bigger question in public policy than whether the emergence of an ever-larger financial sector has made for a smaller and less equal society. Makers and Takers provides an intellectually compelling, and beautifully written, answer to that question, one which policy makers cannot and should not duck.” - Andy Haldane, chief economist

From the cozy relationship between Wall Street and Washington, to a tax code designed to benefit wealthy individuals and corporations, to forty years of bad policy decisions, she shows why so many Americans have lost trust in the sys­tem, and why it matters urgently to us all. This is a belief held equally on both sides of political spectrum, and it seems only to be gaining momentum. Is Wall Street bad for Main Street America? In looking at the forces that brought our current administration to power one thing is clear: much of the population believes that our economic system is rigged to enrich the privileged elites at the expense of hard-working Americans.  A key reason, says Financial Times columnist Rana Foroohar, is the fact that Wall Street is no longer supporting Main Street businesses that create the jobs f

She is also CNN’s global economic analyst.  Prior to joining the FT and CNN, Foroohar was for six years the assistant managing editor in charge of business and economics at TIME, as well as the magazine’s economic columnist.  She is a life member of the Council on Foreign Relations. She has also received awards and fellowships from institutions such as the Johns Hopkins School of International Affairs and the East West Center.   Foroohar graduated in