The big con: the true story of how Washington got hoodwinked and hijacked by crackpot economics

The big con: the true story of how Washington got hoodwinked and hijacked by crackpot economics

Author
Chait, Jonathan
Publisher
Houghton Mifflin Harcourt;Mariner Books
Language
English
Year
2008
Page
x, 294 pages ; 22 cm
ISBN
9780618685400,0618685405,9780547085708,0547085702
File Type
epub
File Size
257.8 KiB

American politics has been hijacked. Over the past three decades, a fringe group of economic hucksters has corrupted and perverted our nation’s policies. With dark, engaging wit, Jonathan Chait reveals how these canny zealots first took over the Republican Party and then gamed the political system and the media so that once unthinkable policies -- without a shred of academic, expert, or even popular support -- now drive the political agenda, regardless of which party is in power.
Why have these ideas succeeded in Washington? How did a clique of extremists gain control of American economic policy and sell short the country’s future? And why do their outlandish ideas still determine policy despite repeated electoral setbacks? Chait tells the outrageous and eye-opening story, expertly explaining just how politics and economics work in Washington. Through vivid portraits of venal politicians and pseudo-economists, with wry analyses of their bogus theories, Chait gives us the tools to understand what’s really behind economic policy debates in Washington: a riveting drama of greed and deceit.

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