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Unchecked and Unbalanced
How the Discrepancy Between Knowledge and Power Caused the Financial Crisis and Threatens Democracy
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The book explores the widening gap between the diffusion of knowledge and the concentration of political power, particularly in the context of the 2008 financial crisis. Arnold Kling argues that the inability of financial executives and regulators to understand the complexities of the financial system contributed to the crisis. By critiquing political and financial elitism, he offers a blueprint for those who question the current power dynamics, emphasizing the need for a more informed and balanced approach to governance and finance.
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Unchecked and Unbalanced, Arnold Kling
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- 2009
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- (Hardcover)
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