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The Financial Crisis and the Free Market Cure

Why Pure Capitalism Is the World Economy’s Only Hope

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The Financial Crisis and the Free Market Cure

Written by: John Allison
Narrated by: Alan Sklar
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About this listen

Did Wall Street cause the mess we are in? Should Washington place stronger regulations on the financial industry? Can we lower unemployment rates by controlling the free market? Answer: no. Not only is free-market capitalism good for the economy, it is our only hope for recovery. As the nation’s longest-serving CEO of one of the top 25 financial institutions, John Allison has had a unique inside view of the events leading up to the financial crisis. He has seen what the government has done to the real estate market and how government regulations only make matters worse. Now in this controversial wake-up call of a book, he has given us a solution.

With shrewd insight, alarming insider details, and practical advice for today’s leaders, this electrifying analysis is nothing less than a call to arms for a nation on the brink. In the end, you’ll understand why it’s so important to put the “free” back into free market.

About the author: John Allison is the former chairman and CEO of Branch Banking & Trust Corporation. He currently serves as a distinguished professor at the Wake Forest University School of Business. He is an inductee of the North Carolina Business Hall of Fame.

©2012 John Allison (P)2012 Blackstone Audio, Inc. Banks & Banking Economics Investing & Trading Management & Leadership Public Policy Small Business & Entrepreneurship Business Global Financial Crisis US Economy Wall Street Great Recession
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Back to the future?

Although it is somewhat biased, it gives a very insightful and well explained description of what happened in the financial crisis. It’s also kind of clear to see that the cycles keep repeating over and over, therefore, the future should be expected to look like the past. Great POV to consider when making $$ decisions and who you vote for. It also points out how much attention the majority are not paying to what politicians are ‘organising’ in plain view! I’m kind of new to the finance world and really enjoyed the listen.

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