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30 years of financial crises: we need to go beyond the 2000 dotcom bubble to understand the current recession

Four years into a seemingly never-ending financial crisis, it is worth considering the deep roots of this calamity. In her 2011 Pulitzer prize-winning novel, A Visit from the Goon Squad, Jennifer Egan asks how we got here. Jeff Madrick attempts to answer her question in his Age of Greed. The subtitle says it all: “The Triumph of Finance and the Decline of America, 1970 to the Present.”

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