No Way to Run an Economy: Why the System Failed and How to Put It Right

Graham Turner's latest work examines the economic turmoil following the credit crisis, highlighting his earlier predictions about nationalization and interest rate policies. He critiques the sluggish and insufficient responses to the crisis, including the flawed market-led approach by Obama and central banks' fixation on inflation. Turner foresees political instability in Eastern Europe due to the region's heavy debts and neoliberal policies. Emphasizing the current depression, he advocates for learning from past errors to avert a crisis worse than the Great Depression.